USTR Greer says we will see and adjust to any SCOTUS ruling on President Trump's IEEPA tariffs, steel and aluminium tariffs is to stay in place and do not want overwhelming compliance costs
Newsquawk Staff ·
USTR Greer says we will see and adjust to any SCOTUS ruling on President Trump's IEEPA tariffs, steel and aluminium tariffs is to stay in place and do not want overwhelming compliance costs.
What it means
The remarks from USTR Greer signal that the administration is prepared to adapt to any Supreme Court ruling regarding President Trump's tariffs under IEEPA, indicating a potential for ongoing trade policy volatility. Keeping the steel and aluminum tariffs suggests a commitment to protectionist measures while also aiming to minimize compliance costs, which can impact various sectors and trading relationships. This stance may elicit reactions across currencies and commodities, particularly affecting USD and trade-sensitive assets.
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