The U.S. trade representative said the United States will honor tariff caps in last year's trade deals, despite new investigations into forced labor.
U.S. Trade Representative Jamieson Greer said Thursday that the United States will honor tariff caps in last year's trade deals with the European Union, Japan and other countries, saying
Initial reactions on X focus on U.S. reaffirmation of 15% tariff caps on South Korean imports amid ongoing probes, with neutral market updates and links to Korea Times reporting; some posts extend to broader deals with EU/Japan.
US COMMERCE SECRETARY LUTNICK REAFFIRMS 15% TARIFF CAP ON SOUTH KOREAN IMPORTS. KOREA TRADE MINISTER KIM MEETS LUTNICK. AGREEMENT STILL IN FORCE AMID SECTION 301 PROBE.
— INFO FLOW (@INFOFLOWfx) 4 de junho de 2026
U.S. Trade Representative "Agreement"…S. Korea's tariff cap remains at 15 percent pic.twitter.com/ilzMJb271I
— PD_KoDak (@PD_KoDak) 4 de junho de 2026
$F $GM
— Byul (@byul_finance) 4 de junho de 2026
USTR Greer says US will honor tariff caps in existing trade deals despite proposed 10% import taxes
U.S. WILL UPHOLD TARIFF CAPS IN DEALS WITH EU, JAPAN AND OTHERS, U.S. TRADE REPRESENTATIVE GREER SAYS
— *Walter Bloomberg (@DeItaone) 4 de junho de 2026
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— Abhayvargheze (@Abhayvargheze) 4 de junho de 2026
🌍 GEOPOLITICAL
🕐 2:02 AM IST • 🟠 Medium Impact
USTR says US to honor tariff caps in trade deals: reports - The Korea Times
💬 Affects trade and currency risk.
📊 Affects: Gold • Oil • USD
🌐 Region: Middle East / Global…
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The U.S. Trade Representative (USTR) has initiated Section 301 investigations into South Korea and 59 other economies for failing to adequately ban imports of goods produced with forced labor. This move comes as the Donald Trump administration seeks to introduce new tariffs to replace country-specific emergency tariffs struck down by the Supreme Court last month. South Korea's government plans to engage in close consultations with the U.S. to safeguard national interests.
U.S. Trade Representative Jamieson Greer said Tuesday that results of Section 301 trade investigations into more than 70 countries, including South Korea, China and Japan, will be released over the next few weeks.
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Malacañang said the Philippines does not condone forced labor as it rejected the US Trade Representative’s proposed additional tariffs on the country.
In the ongoing review of the Mexico-US-Canada Agreement (T-MEC), Mexico's Economy Secretary Marcelo Ebrard highlighted persistent differences with the US, especially on tariffs and rules of origin, as the second round of bilateral talks continues in Mexico City. Mexico pushes for minimal trade barriers, while the US favors more tariffs and stricter rules.