Overview

• U.S. Trade Representative Jamieson Greer is testifying before the Senate Finance Committee regarding the Trump administration's 2025 trade agenda.
• The administration's recently implemented 10% baseline tariff on nearly all imports, along with higher tariffs on select nations, has drawn significant criticism.
• Economic uncertainty, including fears of a potential recession and stock market instability, has been linked to the sweeping tariff measures.
• A bipartisan group of lawmakers, including seven GOP senators, is backing a bill to require Congressional approval for future tariff implementations.
• President Trump remains firm on the tariffs while engaging in ongoing trade negotiations with Japan and South Korea.