Trump’s Trade Representative Defends Tariff Move Senate Hearing – Amar Ujala Hindi News Live – ryan
US trade representative Jamison Greer on Tuesday gave his testimony to the Senate Finance Committee. He defended the decision to impose new tariffs on many countries of the world. Along with this, he dismissed the questions raised about the tariff policy.
Senator Ronald Widen questioned the Greece about the trade and tariff policy of the Trump administration, which Greece responded in detail. Widen said, ‘Our economy is in trouble …’ Made in America ‘products are closing worldwide … I want to focus on a question what is the plan?’
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To this, Greer said that America’s trade deficit remains a constant problem. He said that since 1994, the US has lost fifty lakh jobs and 90 thousand factories in the manufacturing sector. The trade deficit reached $ 1.2 trillion in 2024. On Wednesday, President Donald Trump announced a national emergency in response to the growing trade deficit in the last few years, “Greece said in his statement.
He said, this deficit is somewhat due to uneven tariffs, trade obstacles and economic policies of our foreign trade partners. President Trump put tariffs to resolve this emergency. The situation is very serious, Greer said. President Trump put tariffs to address the issue of inequality and reduce our trade deficit.
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He said, the President’s strategy has already been given fruit and about fifty countries have approached me to discuss the new (tariff) policy of the President and find ways for mutual behavior.
Highlighting the trade deficit, the US trade representative said, the European Union (EU) can sell us as much shell fish, but the European Union prohibits importing rock fishfish from 48 states. Due to this, shell fish causes trade deficit. With the European Union we impose only 2.5 per cent tariffs on ethanol, but Brazil imposes 18 per cent tariff on us.
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