Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Trump’s trade representative pick to appear before Senate Finance Committee

by February 6, 2025
February 6, 2025
Trump’s trade representative pick to appear before Senate Finance Committee

President Donald Trump’s pick to serve as the next U.S. trade representative, Jamieson Greer, is slated to appear before the Senate Finance Committee on Thursday. 

Greer, who previously served as the chief of staff to the trade representative during Trump’s first term, played a key role in implementing tariffs during Trump’s first administration, the president said when unveiling Greer’s nomination. 

Specifically, Trump said Greer assisted with imposing tariffs on China and other nations and replacing the trade agreement with Canada and Mexico. 

A lawyer and Air Force Judge Advocate General’s Corps veteran with one deployment to Iraq, Greer’s role as U.S. trade representative would require him to negotiate with foreign governments on trade deals and disputes and membership of international trade bodies like the World Trade Organization. 

 

Greer’s confirmation hearing comes just after Trump announced he would impose new tariffs on Mexico, Canada and China. 

The White House announced Friday that in response to an ‘invasion of illegal fentanyl’ to the U.S., it would impose a 25% tariff on all goods entering the United States from Mexico and Canada, a 10% tariff on Canadian energy and a 10% tariff on all goods entering the U.S. from China. 

Tariffs against China went into effect Tuesday, although Trump agreed to push back tariffs against Mexico and Canada by at least one month after discussions with each respective country about securing the border.

While Trump acknowledged on Friday the tariffs might result in ‘temporary, short-term disruption,’ Democrats claim American taxpayers will end up hurting and paying the price. 

According to one Washington think tank, the nonpartisan Peterson Institute for International Economics, these rounds of tariffs are expected to cost U.S. households roughly $1,200 a year annually.

Fox News’ Louis Casiano contributed to this report. 

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Just 1 in 5 women are employed in this region. Investing in the care economy could change that
next post
Feds spent millions studying trans menstruation, strengthening gay rights in the Balkans, database reveals

You may also like

CLAY TRAVIS: How Trump is already narrowing America’s...

January 16, 2025

First on Fox: House Republican campaign arm targets...

March 12, 2025

Kamala Harris is the most left wing major...

August 27, 2024

RFK Jr. says Trump White House will get...

November 3, 2024

‘Down to the wire’: Steve Scalise predicts House...

November 7, 2024

AOC claims Republicans will ‘trick’ Americans into identity...

April 15, 2025

SCOOP: Lindsey Graham amendment signals GOP budget breakthrough,...

April 2, 2025

DAVID MARCUS: Triumphant Trump at Notre Dame signals...

December 7, 2024

128 Democrats join House GOP to block progressive’s...

June 24, 2025

Panama’s president hits back at Trump idea to...

December 23, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Iran faces August deadline to accept comprehensive nuclear deal or face renewed UN sanctions

      July 17, 2025
    • House Republicans float grilling Joe, Jill Biden as former aides stonewall cover-up probe

      July 16, 2025
    • Republicans fixated on Epstein are getting ‘duped’ by Democrats, Trump insists

      July 16, 2025
    • Former DC councilmember wins back seat months after being expelled over bribery charge

      July 16, 2025
    • Senate marches toward passing Trump’s $9B clawback bill after dramatic late-night votes

      July 16, 2025
    • Japan calls axis of China, Russia, North Korea the ‘gravest threat’ to global order since WWII

      July 16, 2025

    Categories

    • Business (718)
    • Investing (661)
    • Politics (4,937)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 WhaleLargeCapital.com | All Rights Reserved