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Greer signal prices may increase to 15% or more in some countries

US Trade Representative Jamieson Greer signaled that tariffs could rise in other countries earlier Wednesday, telling FOX Business they could rise to 15% or more as President Trump continues to stimulate the economy.

“Even now, we have a 10% tax, it will go up to 15 for some, and it may go up for others,” Gerer said on “Mornings with Maria.”

“I think it’s going to be consistent with the kinds of prices we’re seeing. We want to continue this program,” he added.

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US Trade Representative Jamieson Greer speaks during the Economic Club of New York luncheon in New York on September 30, 2025. (Victor J. Blue/Bloomberg via Getty Images)

The comments come as America’s trade partners, including the European Union, seek clarity on how the administration plans to implement its revised tax strategy following the Supreme Court’s latest reversal.

Greer said the administration is preparing to launch a series of investigations under existing trade authorities in the coming days and weeks, including a Section 301 investigation targeting what he described as unfair trade practices.

HOW SHOULD BUSINESSES APPROACH RETURNS?

Then-US President-elect Donald Trump smiles at the Turning Point USA event in Phoenix, Arizona.

Then-President Donald Trump smiles during Turning Point USA’s AmericaFest on Dec. 22, 2024 in Phoenix, Ariz. The president vowed to deal with the latest Supreme Court decision to continue implementing his global economic strategy. (Rebecca Noble/Getty Images)

“This includes things like people using forced labor in their supply chains,” explained Gerer, adding that the US will also inspect countries accused of building excessive industrial capacity and flooding American markets.

Under the plan, the US Trade Representative’s Office will issue a Federal Register notice, open a public comment period, and hold hearings, giving countries an opportunity to address those concerns before additional tariffs are imposed, he noted.

“We think the agreements we’ve made with these people actually tend to address, at least in part, some of the practices I’m talking about,” he said.

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“With Indonesia, for example, we will conduct an investigation. We will look at the excess capacity of the industries. We will look at what they are doing in fishing and that kind of thing, and we will conduct that investigation, and then we will blow it up against what they agreed to do and what we think the problem is. Then, we make a decision on what kind of tax should work,” he said.

“We expect that there will be a continuation of what we are doing,” he said.

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