US will not back out of its tariff deals with UK and others, says Trump trade representative

Promise comes as minister admits to ‘uncertainty’ about new 15% levy on imports from around the world Graeme Wearden: Trump’s trade war risks undermining his hopes of hefty US interest rate cutsThe US will not back out of tariff deals it has already sealed with countries around the world, including the UK, the EU, Japan, Switzerland and others, Donald Trump’s trade representative Jamieson Greer said on Sunday.The US supreme court ruled on Friday that many of the tariffs imposed by the US president were illegal, leading Trump to announce a new 15% global tariff on all imports the next day. But Greer told CBS’s Face the Nation that the new levy was separate from agreements struck in the last nine months with about 20 countries around the world. Continue reading…