- The U.S. Trade Representative added that compliance requirements may require tariff adjustments in steel and aluminum.
- Greer also noted that the U.S. shipped 300,000 million metric tons more steel in 2025 when compared to the prior year, adding that the United States produced more steel than Japan.
- He also outlined the recent full trade agreements that the U.S. signed last week with Taiwan, and days before that, with Bangladesh and Guatemala.
U.S. Trade Representative Jamieson Greer reportedly said on Tuesday that President Donald Trump’s tariffs on steel and aluminum will remain in place.
During an interview with CNBC, Greer said that President Trump’s tariffs on steel and aluminum have been very successful. “Shipping more steel than ever, opening up new steel lines, new aluminum smelters announced, so clearly those are going in the right direction, they’re going to stay in place,” he added.
Tariff Adjustments For Compliance Purposes, Says Greer
The U.S. Trade Representative added that compliance requirements may require tariff adjustments in steel and aluminum, reacting to reports over the previous week about the Trump administration’s levies on the two metals.
“We’ve heard stories of companies that have had to hire extra people for compliance. We’re not trying to have people do so much bean counting that they’re not running their company correctly,” he added.
Greer also noted that the U.S. shipped 300,000 million metric tons more steel in 2025 when compared to the prior year, adding that the United States produced more steel than Japan.
The ‘Untold Story’ On Tariffs, According To Greer
Greer also outlined the recent full trade agreements that the U.S. signed last week with Taiwan, and days before that, with Bangladesh and Guatemala.
“A little bit of an untold story on the tariffs program is that the people are really benefiting from open markets overseas,” Greer said, citing an example of the U.S. restarting meat shipments to Bangladesh after eight years.
He added that while the Trump administration might calibrate the tariff policy, an overhaul is not on the cards.
Meanwhile, U.S. equities were mixed in Tuesday’s opening trade. At the time of writing, the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, was up 0.11%, the Invesco QQQ Trust ETF (QQQ) declined 0.06%, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) rose 0.08%. Retail sentiment around the S&P 500 ETF on Stocktwits was in the ‘bearish’ territory.
For updates and corrections, email newsroom[at]stocktwits[dot]com.