Trump's Trade Nominee Faces Skepticism from Both Sides
During his confirmation hearing, President Trump's pick for US Trade Representative, Jamieson Greer, faced inquiries from both Republicans and Democrats expressing concerns over the impact of potential tariffs.
Republican Worries
Idaho Senator Mike Crapo highlighted farmers' fears of retaliation if tariffs are used to influence other nations. Senator Steve Daines from Montana emphasized the threat to commodities like wheat and sugar from retaliatory tariffs amid negotiations with Canada and Mexico.
Protectionist Promises
Greer vowed to protect rural economies and seek new markets while aligning with Trump's trade actions. However, he evaded specific relief measures for farmers, leading to tense exchanges. He encouraged business leaders to contact his office with concerns, but did not provide concrete solutions beyond stating that President Trump "knows how to balance these things."
Bipartisan Concerns
The hearing reflected bipartisan worries about the consequences of the Trump administration's trade policies. Senator Catherine Cortez Masto urged Greer to provide answers for businesses affected by tariffs, while Senator Ron Wyden criticized Trump's "rancid" trade policies.
China Compliance and Market Diversification
Greer pledged to review China's compliance with Phase One trade agreements. Senator Chuck Grassley highlighted the need to balance short-term profitability with long-term stability, particularly concerning fertilizer imports from Canada. Greer emphasized the urgency of expanding market access to counterbalance any potential pain from tariffs.