摘要:Under the leadership of U.S. Trade Representative Jamieson Greer, the Office of the United States Trade Representative (USTR) has
TMTPOST -- U.S. President Donald Trump’s trade chief may assure businesses amid growing concerns over tariffs as the president reiterated his pledge of reciprocal tariffs that are set to take effect at the beginning of April.
Credit:China Central Television
Under the leadership of U.S. Trade Representative Jamieson Greer, the Office of the United States Trade Representative (USTR) has reinstated parts of a traditional policy process including soliciting public comment on the planned reciprocal tariffs, a formal way to receive feedback from businesses and other stakeholders, Bloomberg reported on Monday, citing people with knowledge of ongoing negotiations.
Greer was reported to plan to take the requests collected during the comment period into accounts when developing tariff programs. The Trump’s top trade negotiator, who was confirmed on February 26, has largely been out of the tariff chaos over the past two months,and is working to take control of an announcement on new tariffs expected to announce on April 2, according to the report.
Trump could use the International Emergency Economic Powers Act, or IEEPA, to accelerate implementation of the new tariffs that are go ahead on April 2, one of the sources said. But trade lawyers warned the Trump administration might face lawsuits if he does so as the reciprocal tariffs don’t fit squarely in the IEEPA’s description of a national emergency. The Trump team has reportedly been evaluating the risks and benefits when they are drawing out plans to impose these duties.
The reported parts of a policy process that the USTR resumed were missing from the tariffs imposed on Canada, Mexico and China as well as 25% duties on steel and aluminium imports.
Trump signed on February 13 a presidential memorandum dubbed "Fair and Reciprocal Plan", and that day ordered the development of a comprehensive plan for restoring fairness in U.S. trade relationships and countering non-reciprocal trading arrangements.
The federal agencies including the U.S. Department of Commerce will launch comprehensive examination on non-reciprocal trade relationships with all U.S. trading partners, such as tariffs imposed on United States products, unfair, discriminatory, or extraterritorial taxes imposed on United States businesses, workers, and consumers, including a value-added tax (VAT). U.S. Commerce Secretary Howard Lutnick expected the studies will be complete by April 1, and Trump can decide when to enact any new recommended tariffs from April 2.
Trump said late February that he will move forward with the reciprocal tariff on American trading partners as the schedule. “The April Second Reciprocal Tariff date will remain in full force and effect,” the president said in a post on his social media platform Truth Social.
Trump on Sunday underlined again he would start implementation of the sweeping reciprocal tariffs on April 2. “April 2 is a liberating day for our country,” Trump told reporters on Air Force One. “We’re getting back to some of the wealth that very, very foolish presidents gave away because they had no clue what they were doing.” Trump also said he would sector-specific tariffs, including the steel and aluminum sectors for auto production.
When asked about if he could ease up on tariffs amid anxiety in the markets, Trump relied “no.” That echoed his stance signaled last Thursday. The president that day said he would not change his mind on reciprocal tariffs on Canada and other countries that have imposed trade barriers to U.S. He acknowledged his tariff agenda would disrupt the U.S. economy but played down the affect. “There will be a little disruption, but it won’t be very long,” the president said.
National Economic Council Director Kevin Hassett said on Monday there will be “some uncertainty” stemming from the upcoming tariffs between now and April 2. Though Trump’s economic advisor predicted things will clear up after April 2.
来源:钛媒体