US trade negotiator seeks order in new tariff rollout - Bloomberg

Published 17/03/2025, 19:20
© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect

Investing.com -- US Trade Representative Jamieson Greer is making efforts to bring order to the upcoming tariff rollouts expected in April. The past two months have been characterized by confusion and uncertainty in the tariff sector. Greer, who was confirmed to his role in late February, is now stepping in to manage the messaging around these tariffs, according to a report from Bloomberg, citing sources.

President Donald Trump has referred to the April 2 announcement as "the big one," as his administration plans to impose import taxes on trading partners based on the levies and restrictions they place on US goods. Tariffs on autos, semiconductors, and pharmaceuticals are also planned, although the exact timeline for these duties is unclear.

Greer is seeking to reinstate parts of a traditional policy process that were missing from prior tariffs imposed on Canada, Mexico, China, and metals. This includes asking for public comment on the reciprocal duties, giving the trade office a formal way to receive feedback from businesses and other stakeholders. Greer plans to consider these comments when setting up the tariff program.

Discussions are ongoing about what exactly will be announced next month. Developing levies on hundreds of countries to match their tariffs and other trade barriers on US exports is a complex endeavor. One likely outcome is for the US Trade Representative to create a formula for a single rate for each country based on that nation’s average tariff level and other measures the Trump team considers discriminatory.

There’s also a possibility that some of the duties won’t take effect in early April and would only come after a USTR or Commerce Department probe that could last for several months. The discussions are fluid and the strategy could shift over the coming weeks.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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