• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
Advertisement
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home World

Trump Uses Tariffs As Trade Weapon: Greer

OMMCOM NEWS by OMMCOM NEWS
July 22, 2026
in World

Washington: The Trump administration is using tariffs as leverage to force trading partners to open their markets, strengthen enforcement and rebuild American manufacturing, US Trade Representative Jamieson Greer told lawmakers on Wednesday, laying out what he described as a new US trade doctrine built on reciprocal agreements backed by tariff pressure.

Tariffs are not simply punitive measures but also negotiating tools designed to secure better market access for businesses and workers, Greer told members of the Senate Finance Committee.

“We are committed to continuing to use tariffs and to negotiate deals to support the reindustrialisation of our economy, protect American workers and increase their wages and shrink our trade deficit,” he said.

Greer argued that the administration’s approach was already delivering results.

“The combination of tariffs and deals core to the President’s trade policy has yielded quick and impressive results,” he said.

According to Greer, the United States has concluded: “19 framework or reciprocal trade deals, covering 32% of global gross domestic product.”

Holding up what he said was the agreement with Indonesia, Greer told senators, “It’s substantive. There are annexes. There are tariff schedules of all the things that they’ll be reducing for the United States.”

He added: “And I have a dozen more deals like this.”

Greer said the administration’s reciprocal trade strategy had produced record American exports while changing the composition of imports in favour of industrial production.

“Everyone said trade would collapse. We’ve never exported as much as we are now,” he said.

He said imports were increasingly shifting from consumer goods to machinery and equipment needed to expand domestic manufacturing.

“The United States has not stopped trading with the world, but the composition of that trade has changed in a way that benefits Americans,” he said.

Greer cited several countries that had agreed to lower trade barriers as a result of negotiations with Washington.

He said Cambodia had “already removed all of its tariffs” on US goods, while North Macedonia had also eliminated tariffs.

Malaysia, he said, was preparing to reduce all tariffs to zero and remove long-standing non-tariff barriers.

Indonesia was expected to implement its commitments later this year, while Jordan had already signed a new agreement.

Greer also highlighted agreements with Israel and the European Union, saying Israel had accepted American standards and the EU had lowered industrial tariffs to zero while expanding tariff-rate quotas for US farmers.

Throughout the hearing, Greer repeatedly stressed that enforcement remained central to the administration’s strategy.

“Trade enforcement… means tariffs,” he said.

Even where trade agreements include dispute settlement mechanisms, he argued, tariffs remain the ultimate enforcement tool.

“If folks don’t do this, so we expect these countries to implement, we expect in the future that these countries will retain these agreements because they’ve made them to the United States of America,” Greer said.

“As long as I’m here, you can count on me to use whatever tools I have, whether it’s Section 301 or other tools, to enforce these agreements.”

Democratic lawmakers strongly disputed the administration’s approach, arguing that tariffs had increased costs for American consumers and businesses while creating uncertainty for farmers and manufacturers.

Greer rejected those criticisms, saying the administration’s strategy had expanded exports, reduced the trade deficit and encouraged new manufacturing investment.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Don’t Suspend Paredes For World Cup Final Fracas, Says Spain Midfielder Gavi

Next Post

Higher Education Dept Pulls Up Ravenshaw University Over Delay In Housing Compliance Report

Related Posts

World

Pakistan Under Pressure At Home, India On Alert For LoC Provocation

August 12, 2026
World

North Korea Conducts Another Missile Launch Ahead Of Key South Korea-US Military Drills

August 12, 2026
World

US Senators Target China Tech Loopholes

August 12, 2026
US President Donald Trump
World

Trump Says He Would ‘Love To Run’ For Another Term In 2028 Despite Legal Hurdle

August 12, 2026
World

US Launches Digital Portal For Golden Dome Missile Defence System Development

August 12, 2026
World

Colombia Quake Death Toll Rises To 188

August 12, 2026
Next Post

Higher Education Dept Pulls Up Ravenshaw University Over Delay In Housing Compliance Report

Kerala: Clashes Erupt As BJP Marches To KPCC Office Over Congress Protest In Delhi

Yemen's Houthi Group Claims Attack On 2 Saudi Oil Tankers In Red Sea

Khimji
SAI
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special

© 2025 - Ommcom News. All Rights Reserved.