Bloomberg Talks US Trade Rep. Greer Talks 15% Tariff, USMCA, EU Trade Deal
Feb 25, 2026
Jamieson Greer, former U.S. Trade Representative who handled tariffs and trade agreements, discusses plans to raise certain tariffs to 15% and preserve continuity with prior measures. He outlines coordination with the EU and UK on existing deals. He also covers reviews and potential fixes to USMCA and use of Section 301 probes for trade enforcement.
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Administration Will Push 10% Tariffs Toward 15%
- The administration seeks continuity by moving existing 10% tariffs toward 15% using a supplemental proclamation.
- Jamieson Greer says the proclamation will raise tariffs to 15% "where appropriate" to mirror prior higher negotiated rates and maintain policy momentum.
US Expects EU and UK To Uphold Their Trade Commitments
- The US expects the EU and UK to honor trade deal terms while the US completes domestic implementing procedures.
- Greer emphasizes car quotas and duty-free beef quotas remain intact and that implementation often takes months, so the US needs time after the court ruling.
Section 301 Targeting Country Specific Unfair Practices
- Section 301 will be used as a country-specific enforcement tool to investigate unfair practices and impose tariffs.
- Greer names China, Vietnam, Southeast Asia and possibly the Europeans as targets and links 301 to enforcement after negotiated concessions.