U.S. Trade Representative: U.S. Bilateral Trade Agreements Still Effective Following Supreme Court Tariff Decision

BlockBeats News, February 22nd, U.S. Trade Representative Grier stated on CBS's "Face the Nation" program that the agreements the U.S. has reached with the EU, South Korea, and other countries remain valid. He sought to differentiate these agreements from the 15% global tariff plan announced by Trump on Saturday. Grier said, "We want them to understand that these deals will be successful deals. We will fully support these deals. We also expect our partners to fully support these deals."

He also stated that the U.S.'s other trade tools, including measures to investigate other countries' trade practices, will provide advantages to the U.S. He has spoken with EU officials over the weekend and will communicate with officials from other major U.S. trading partners to convey reassurance. (FXStreet)