US Trade Representative Says Tariff Policy Will Basically Maintain Status Quo "
Internet reports that on August 3 local time, U.S. Trade Representative Greer said that the new round of tariffs imposed by U.S. President Trump on many countries last week was "basically fixed" and will not be adjusted in the current negotiations, including imposing a 35% tariff on goods imported from Canada, a 50% tariff on Brazil, a 25% tariff on India, and a 39% tariff on Switzerland. Greer said that some tariffs are set based on bilateral trade surpluses and deficits, and "these tax rates are basically fixed." (CCTV News)
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