
Greer confirms the U.S. is reviewing a 15% tariff plan, with an official announcement imminent, as part of broader trade compliance scrutiny.
On February 25, U.S. Trade Representative Greer stated the office is assessing how to implement a 15% tariff, with an official announcement forthcoming. This review is tied to ongoing evaluations of trade commitments, particularly in the context of Indonesia’s tariff practices. The EU and U.K. are expected to honor obligations, but tariff rates could be increased to 15% if compliance is lacking. The investigation seeks to ensure alignment with prior trade agreements.