US Trade Chief Pledges to Respect Global Tariff Caps
U.S. Trade Representative Jamieson Greer confirmed that Washington will respect the 15% tariff caps established in trade agreements with the EU and Japan. The commitment comes despite new forced labor tariffs and ongoing investigations into excess manufacturing capacity. European officials expect the Turnberry trade deal to proceed as planned.
The United States will uphold 15% tariff caps on most imports from the European Union and Japan despite newly announced levies targeting forced labor. This commitment preserves the terms of existing trade deals even as Washington introduces a 10% duty on EU goods and 12.5% on Japanese products. The move provides a framework for trade relations as a separate Section 301 investigation into excess manufacturing capacity threatens to push total tariffs well beyond the 15% limit.
