USTR Greer on CNBC: We have tools if the tariff ruling goes the other way.

USTR Greer is on CNBC and says:

• We have other tools if the tariff ruling goes the other way, as well

• Received emails and texts from foreign officials saying, “we are just going to keep negotiating with you as before.”

• Monitoring Chinese compliance — or non-compliance — with trade agreements.

• Expressed concern over China’s non-compliance, stating it must be addressed.

• Holds daily calls with the Indian Trade Minister.

• Has meetings next week with officials from Malaysia, Vietnam, and the EU.

• Noted the lack of expected flow of critical minerals from China.

• Can expand Section 301 tariffs if needed.

• On trade deficit: China is the biggest problem,

• EU is close behind.

• Will meet with EU official next week

This article was written by Greg Michalowski at www.forexlive.com.