He told ABC that the USTR already had open investigations into Brazil and China, and expected to initiate investigations into areas such as industrial excess capacity, which would cover many countries in Asia, and unfair trading practices regarding rice, which is heavily subsidised by some countries.
Greer said he did not expect the ruling and subsequent change in tariffs to affect Trump’s planned meeting with Chinese President Xi Jinping at the end of March.
“The purpose of this meeting with President Xi is not to fight about trade. It’s to maintain stability, make sure that the Chinese are holding up their end of our deal and buying American agricultural products and Boeings and other things,” Greer said. “I don’t see this really affecting that meeting.”
Treasury Secretary Scott Bessent, in a separate interview with CNN’s State of the Union program, said the issue of tariff refunds would be addressed by the lower courts.
“We will follow what they decide, but it can take weeks or months until we hear from them”, he said.
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