• Trump's "America First" Trade Policy: USTR's Pivotal Role in Shaping U.S. Trade Landscape

  • Feb 9 2025
  • Durée: 3 min
  • Podcast

Trump's "America First" Trade Policy: USTR's Pivotal Role in Shaping U.S. Trade Landscape

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  • Résumé

  • In the last few days, several significant developments have emerged related to the U.S. Trade Representative and the broader trade policy landscape under the Trump administration.

    On January 20, 2025, President Donald Trump issued a presidential memorandum titled "America First Trade Policy," which outlines the immediate trade priorities for his administration. This memorandum directs various federal agencies, including the U.S. Trade Representative (USTR), to evaluate key aspects of U.S. trade policy and submit reports to the president by April 30, 2025. These reports will cover areas such as addressing unfair and unbalanced trade, economic and trade relations with China, and additional economic security matters. The USTR is central to this process, as it will coordinate with other agencies to assess trade imbalances, unfair practices by trading partners, and the feasibility of new trade agreements and policies[2][3].

    Recently, President Trump took concrete action on trade by imposing a 10 percent tariff on all imports from China, effective February 4, 2025. This move was made under the International Emergency Economic Powers Act (IEEPA) and is part of a broader strategy to address what the administration perceives as unfair trade practices. China has responded with retaliatory measures, including 10 percent and 15 percent tariffs on select U.S. goods, set to take effect on February 10, 2025. The USTR will likely play a crucial role in navigating these trade tensions and potentially negotiating future agreements[1].

    In another significant development, Jamieson Greer, President Trump's nominee for U.S. Trade Representative, faced a Senate confirmation hearing on February 6, 2025. Greer was instrumental in crafting tariffs against China during Trump's first term and is expected to continue prioritizing policies that benefit American workers and communities. The Sierra Club has called on Greer to negotiate stronger environmental standards and support policies that protect domestic industrial innovation, highlighting the multifaceted role the USTR will have in shaping U.S. trade policy[5].

    As the USTR moves forward under Greer's potential leadership, it will be tasked with implementing the directives from the "America First Trade Policy" memorandum, including reviewing existing trade agreements and identifying new bilateral or sector-specific trade opportunities. The USTR will also be involved in assessing the impact of the USMCA on U.S. workers and businesses, and in proposing remedies for unfair trade practices and trade imbalances[2].

    These recent actions and nominations underscore the active and evolving nature of U.S. trade policy, with the USTR at the forefront of these efforts. As trade tensions with countries like China continue to escalate, the role of the USTR in negotiating and enforcing trade agreements will remain critical.
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