Trump names first administration veterans Greer, Hassett to economic posts

3 hours ago 1

US president-elect taps Jamieson Greer and Kevin Hassett arsenic commercialized typical and apical economical adviser, respectively.

Published On 27 Nov 2024

United States President-elect Donald Trump has tapped Jamieson Greer and Kevin Hassett, 2 veterans of his archetypal administration, arsenic his commercialized typical and apical economical adviser, respectively.

Greer played a cardinal relation successful prosecuting Trump’s commercialized warfare with China arsenic main of unit to erstwhile US Trade Representative Robert Lighthizer during the erstwhile president’s archetypal term.

“Jamieson volition absorption the Office of the US Trade Representative connected reining successful the country’s monolithic commercialized deficit, defending American manufacturing, agriculture, and services, and opening up export markets everywhere,” Trump said successful a connection connected Tuesday.

If confirmed by the US Senate, Greer, who near authorities to go a spouse astatine instrumentality steadfast King & Spalding, would beryllium liable for starring negotiations connected commercialized with overseas governments and planetary bodies specified arsenic the World Trade Organization.

In an interrogation with The New York Times successful June, Greer said that Trump officials viewed tariffs arsenic a mode of “remediating” unfair commercialized practices by China and different countries.

“If you level retired that playing field, it makes it truthful that Americans don’t person to vie unfairly,” helium said.

Trump said that Hasset, known arsenic a beardown advocator of taxation cuts, would play an “important relation successful helping American families retrieve from the ostentation that was unleashed by the Biden administration” arsenic manager of the White House National Economic Council.

Hassett, the erstwhile seat of Trump’s Council of Economic Advisers, does not necessitate Senate confirmation.

“Together, we volition renew and amended our grounds taxation cuts, and guarantee that we person just Trade with countries that person taken vantage of the United States successful the past,” Trump said.

Trump’s latest picks for his incoming medication travel a time aft the president-elect pledged to slap a 25 percent tariff connected each goods from Mexico and Canada and an “additional” 10 percent tariff connected Chinese products successful effect to irregular borderline crossings and cause trafficking.

Economists wide hold that broad-based tariffs would rise the outgo of mundane items successful the US and dampen planetary growth.

Trump’s supporters and allies accidental that tariffs volition bring backmost manufacturing jobs from overseas and springiness Washington greater leverage to negociate much favourable commercialized deals with different countries.

Source

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Al Jazeera and quality agencies

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