Investing.com - U.S. Trade Representative Katherine Tai said on Sunday that Washington’s trading partners have not indicated plans to withdraw from tariff agreements following the Supreme Court’s decision last week to overturn most of former President Donald Trump’s tariff plans.
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Tai stated on CBS’s “Face the Nation” that she remains in active discussions with countries that previously reached trade agreements with the U.S., and added that officials are seeking clarity following the legal ruling.
“I haven’t heard from anyone saying the deal is off,” Tai said.
Tai noted that she has spoken with counterparts in the European Union and expects to hold further talks with other partners in the coming days as governments assess the impact of the court ruling and Washington’s subsequent move to implement new tariffs.
Following Trump’s announcement of a new global tariff framework after the ruling, uncertainty around U.S. trade policy has increased, raising questions about whether existing agreements will remain intact. Tai’s comments were made against this backdrop.
This article was translated with the assistance of artificial intelligence. For more information, see our Terms of Use.
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The U.S. Trade Representative says no country plans to withdraw from the tariff agreement
Investing.com - U.S. Trade Representative Katherine Tai said on Sunday that Washington’s trading partners have not indicated plans to withdraw from tariff agreements following the Supreme Court’s decision last week to overturn most of former President Donald Trump’s tariff plans.
Upgrade to InvestingPro for premium news and insights
Tai stated on CBS’s “Face the Nation” that she remains in active discussions with countries that previously reached trade agreements with the U.S., and added that officials are seeking clarity following the legal ruling.
“I haven’t heard from anyone saying the deal is off,” Tai said.
Tai noted that she has spoken with counterparts in the European Union and expects to hold further talks with other partners in the coming days as governments assess the impact of the court ruling and Washington’s subsequent move to implement new tariffs.
Following Trump’s announcement of a new global tariff framework after the ruling, uncertainty around U.S. trade policy has increased, raising questions about whether existing agreements will remain intact. Tai’s comments were made against this backdrop.
This article was translated with the assistance of artificial intelligence. For more information, see our Terms of Use.