(Reuters) – The prices that US President Donald Trump imposed last week on dozens of countries should remain in place rather than being reduced in continuous negotiations, said trade representative Jamieson Greer on Sunday.
Before a deadline of Friday, Trump set prices, including an obligation of 35% on many goods from Canada, 50% for Brazil, 25% for India, 20% for Taiwan and 39% for Switzerland, according to a presidential decree.
In commercial negotiations since Trump came into office, the White House reduced certain rates of the levels initially announced, in particular the reduction rights by half of the import rights set last week as part of an agreement with the European Union.
Greer said on Sunday in the face of CBS, however, that this would not be the case on the last series of prices.
“Many of them are rates set in accordance with the agreements. Some of these transactions are announced, some are not, others depend on the level of the trade deficit or the surplus that we can have with the country,” he said. “These rate rates are almost fixed.”
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