Tariffs/Trade
USTR Greer says sounds like President found a path forward with Spain; Trump wants trade deficit with Mexico down
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USTR Greer highlighted progress in Spain trade, efforts to cut Mexico's deficit, and praised Apple/Micron's U.S. manufacturing growth, while noting upcoming forced labor policies and 10% tariff expiration on July 24.
News detail
In the coming weeks will have a result on how we're going to protect against forced labour. China trade strategy is working; China is buying soybeans. Will see final action very soon in Brazil; still a lot of distance between the US and Brazil. Praises Apple (AAPL) and Micron (MU) recent manufacturing announcements. Trump has options on Spain. On the subject of lapsing 10% tariffs, says don't know about 1-for-1 replacement.
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