US Trade Representative Greer says he spoke with President Trump regarding Brazil, adds Brazil is doing all kinds of things
USTR Greer signaled imminent trade actions, including 25% tariffs on Brazil and new forced labor measures. Domestic rare earth independence remains a priority despite China's imperfect compliance with export pacts.
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Says: Separate probe is underway on Vietnam's intellectual property, and an agreement was reached on export controls. Moving quickly on Section 301 probes, which are on their own track. Forced labour probe action could come within the next couple of weeks. China's compliance with rare earths pact, not perfect but not complicating Section 301 probe. Russian sanctions bill is in a good place with the outcome expected in the coming days.
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