Trump's top trade official wasn't informed of tariff delay until after announcement
Source: CNN Business
Updated 2:52 PM EDT, Wed April 9, 2025
Washington CNN President Donald Trumps top trade official said he wasnt informed of the 90-day pause on most new tariffs until after it was announced.
At the same moment that US Trade Representative Jamieson Greer was defending Trumps stiff tariffs during a House hearing, Trump said on his social media platform that the administration will delay the additional tariff hike on dozens of countries by 90 days which went into effect for mere hours on Wednesday with the exception of China.
Trumps tariff hike, albeit short-lived, was the sharpest ever according to data going back 200 years, Fitch Ratings told CNN, which would have likely resulted in higher inflation and weaker economic growth if they were kept in place, according to most economists.
When Democratic Rep. Steven Horsford of Nevada asked Greer when he learned of Trumps latest tariff move, he said, Well, I understood the decision was made a few minutes ago. It looks like your boss just pulled out the rug from under you and paused the tariffs, Horsford said. Greer then said he was aware the policy change was a possibility Wednesday morning. But when asked directly if he knew the policy was going into effect, he replied that the administration discusses all kinds of options.
Read more: https://www.cnn.com/2025/04/09/business/trump-top-trade-official-testifies-house-tariffs/index.html

Akoto
(4,291 posts)Snarkoleptic
(6,129 posts)Video-
Rep. Steven Horsford to Greer: "So the trade representative hasn't spoken to the POTUS about a global reordering of trade, but yet he announced it on a tweet? WTF! Who is in charge? It looks like your boss just pulled the rug out from under you. There is no strategy ... is this market manipulation?"
— Aaron Rupar (@atrupar.com) 2025-04-09T18:18:23.735Z
Martin68
(25,776 posts)the made guy on the block.