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It was a split screen Tuesday morning on Capitol Hill.
One eye on the markets. The other eye on the Senate testimony of U.S. Trade Representative Jamieson Greer.
“Do you think your remarks will alter the markets in any way?” yours truly asked Greer as he walked to the hearing room in the Dirksen Senate Office Building.
“I’m just going to respond to the senators. Be candid as I can be,” replied Greer.
TRUMP TRADE REP TAKES BIPARTISAN FIRE OVER TARIFFS AS DEM LAUNCHES BID TO HALT THEM
The public has heard a lot about tariffs from Commerce Secretary Howard Lutnick.
They’ve heard a lot about tariffs from Treasury Secretary Scott Bessent.
They’ve heard even more about tariffs from White House advisor Peter Navarro.
But until Tuesday morning, there was little said about tariffs from the man in charge of the administration’s trade policy: Jamieson Greer.
All eyes were on two things Tuesday morning — the stock market and Trade Representative Jamieson Greer. (AP/Getty Images)
“The president’s strategy is already bearing fruit,” Greer testified. “Nearly 50 countries have approached me personally to discuss the president’s new policy and explore how to achieve reciprocity.”
Democrats were dubious about Greer’s suggestion. Yes, nations may be willing to negotiate. But carving out sophisticated trade agreements with nations just sanctioned by the U.S. takes time.
“You’re telling us you have nearly 50 countries coming to you, approaching you to enter into negotiation, and you think that you can do that overnight?” asked Sen. Catherine Cortez Masto, D-Nev. “You’re pretty superhuman here, if that’s the case.”
TRUMP TRADE CHIEF FACES HOUSE GRILLING ON TARIFFS
Greer tangled with Sen. Maggie Hassan, D-N.H.
“Even if inflation hits Americans’ pocketbooks at 10% because of these tariffs, then the Trump administration is still going to go charging ahead?” asked Hassan.
“Senator, your hypotheticals are not consistent with the history we have seen with tariffs,” Greer replied.
Greer got…
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