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Trump Admin to Maintain Tariffs

New York Times Business •
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The Trump administration intends to continue its use of tariffs, according to Jamieson Greer, the president’s top trade negotiator. Greer informed the Senate that the U.S. is committed to maintaining duties as it prepares to implement new ones following the Supreme Court's decision to strike down existing tariffs.

This move signals a consistent approach to trade policy under the current administration, emphasizing the use of tariffs as a tool to achieve its trade objectives. The specific details regarding the replacement duties were not immediately clear, but the administration's stance indicates a firm resolve to proceed with this strategy.

The Senate was briefed on these plans, underscoring the administration's intent to keep Congress informed on significant trade policy shifts. The focus remains on leveraging tariffs to address trade imbalances and protect domestic industries, a cornerstone of the administration's economic agenda.