World
US Trade Chief Greer Links Tariffs to China’s Next Moves
US Trade Representative Jamieson Greer indicated on October 14, 2025, that the implementation of additional tariffs on Chinese exports will hinge on actions taken by Beijing. Speaking to CNBC, Greer acknowledged the complexities facing China in negotiating an off-ramp from escalating tensions. The potential for a new round of tariffs, which could reach up to 100 percent, is set to be discussed further as trade talks continue.
Greer confirmed that staff-level discussions took place in Washington on October 13, where US and Chinese officials engaged in dialogue aimed at resolving ongoing disputes regarding China’s restrictions on critical mineral exports. “We think we’ll be able to work through it, but we can’t have a situation where the Chinese keep this regime in place,” Greer stated. He emphasized the necessity for China to relinquish its perceived veto power over global high-tech supply chains, suggesting that Beijing has realized it may have overstepped its boundaries.
Trade Tensions and Market Reactions
The announcement of potential new tariffs follows heightened volatility in financial markets, initiated by President Donald Trump earlier this month. Trump’s proposal for a 100 percent duty on selected Chinese goods accompanies existing tariffs averaging 55 percent. These measures are a direct response to China’s increased control over rare earth exports, which are critical for various high-tech industries.
In light of these developments, Scott Bessent, the US Treasury Secretary, alongside officials from China’s Commerce Ministry, have sought to reassure investors about the ongoing negotiations aimed at de-escalating the trade conflict. The International Monetary Fund has raised concerns, warning that a further deterioration in US-China trade relations could significantly hinder global economic growth and intensify inflationary pressures.
Greer portrayed Trump as a “dealmaker” who remains open to negotiations but insisted that China must demonstrate flexibility in its approach. He pointed out that the US also possesses leverage, referencing China’s struggling property sector and high unemployment rates.
Future Talks and Uncertainties
The potential meeting between President Trump and Chinese President Xi Jinping remains on the agenda. Greer noted that the efficacy of this meeting is contingent upon China’s willingness to engage constructively. “It makes sense for people to talk when they can,” he remarked, underscoring the importance of dialogue in resolving trade disputes.
Greer also highlighted the “contradictory explanations” provided by Chinese officials regarding their export restrictions, describing them as both retaliatory and framed under national security. “They can’t have it both ways,” he asserted, reinforcing the need for clarity in communications between the two nations.
As trade discussions continue, the outcome remains uncertain. Both sides face significant challenges, and the international community watches closely, aware that the repercussions of these negotiations will extend far beyond the borders of the United States and China.
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