US Trade Representative Jamieson Greer explains that Section 301 tariffs are a necessary tool for addressing unfair trade practices, noting that no country has ever welcomed tariffs imposed upon them, and that China will likely view these tariffs as retaliatory given the current stable but tense trade relationship between the two nations.
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US Trade Rep. Greer on future of US-China tradeAdded:
China, 67%. That's tariffs. Where does this leave the 301 tariffs? Will China view this as retaliatory given the fact that it seems like the relationship right now is stable and you're in the middle of the state taunt?
So, I haven't yet met a country where we've imposed tariffs and they said, "Thank you. We love these tariffs." So, so no one really likes that other than, you know, our our workers and our industries.
What Chinese know and what we've agreed that there's going to be a certain level of tariff on the Chinese. So, I think as we're rolling out and concluding different investigations under Section 301, which again don't just target China, they they cover other countries as well. I think the Chinese are going to be looking at what we're doing there compared to agreements we've had in the past on certain tariff levels and you know, we'll just have to try to manage that.
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