
-
Kenya's economy faces climate change risks: World Bank
-
With tariff war, Trump also reshapes how US treats allies
-
Penguin memes take flight after Trump tariffs remote island
-
Tom Cruise pays tribute to Val Kilmer
-
'Everyone worried' by Trump tariffs in France's champagne region
-
UK avoids worst US tariffs post-Brexit, but no celebrations
-
Canada imposing 25% tariff on some US auto imports
-
Lesotho, Africa's 'kingdom in the sky' jolted by Trump
-
Trump's trade math baffles economists
-
Macron calls for suspension of investment in US until tariffs clarified
-
Trump tariffs hammer global stocks, dollar and oil
-
Mexico president welcomes being left off Trump's new tariffs list
-
Lesotho hardest hit as new US tariffs rattle Africa
-
Stellantis pausing some Canada, Mexico production over Trump auto tariffs
-
Rising odds asteroid that briefly threatened Earth will hit Moon
-
Is the Switch 2 worth the price? Reviews are mixed
-
Countries eye trade talks as Trump tariff blitz roils markets
-
AI could impact 40 percent of jobs worldwide: UN
-
US trade partners eye talks after Trump tariff blitz
-
Dollar, stocks sink as gold hits high on Trump tariffs
-
Trump tariff blitz sparks retaliation threats, economic fears
-
Lessons and liquids: buried alive in Myanmar's earthquake
-
Nintendo Switch 2 sparks excitement despite high price
-
Sri Lanka's crackdown on dogs for India PM's visit sparks protest
-
China vows 'countermeasures' to sweeping new US tariffs
-
Trump jolts allies, foes and markets with tariff blitz
-
How Trump's 'liberation day' tariffs will impact China
-
Europe hits out at Trump tariffs, keeps door open for talks
-
Australia sweats through hottest 12 months on record: official data
-
South African artist champions hyenas in 'eco-queer' quest
-
Taiwan says US tariffs 'highly unreasonable'
-
Trump escalates trade war with sweeping global tariffs
-
China says opposes new US tariffs, vows 'countermeasures'
-
Quake-hit Myanmar's junta chief to head to Bangkok summit
-
New Spielberg, Nolan films teased at CinemaCon
-
Shiny and deadly, unexploded munitions a threat to Gaza children
-
Stocks tank, havens rally as Trump tariffs fan trade war
-
Financial markets tumble after Trump tariff announcement
-
Europe riled, but plans cool-headed response to Trump's tariffs
-
'Shenmue' voted most influential video game ever in UK poll
-
Revealed: Why monkeys are better at yodelling than humans
-
Key details on Trump's market-shaking tariffs
-
US business groups voice dismay at Trump's new tariffs
-
Trump sparks trade war with sweeping global tariffs
-
US stocks end up, but volatility ahead after latest Trump tariffs
-
Boeing chief reports progress to Senate panel after 'serious missteps'
-
Is Musk's political career descending to Earth?
-
On Mexico-US border, Trump's 'Liberation Day' brings fears for future
-
Tesla sales slump as pressure piles on Musk
-
Amazon makes last-minute bid for TikTok: report

Trump names trade envoy, top economic advisor to fill policy team
Donald Trump on Tuesday named Jamieson Greer his trade representative, a key figure in implementing the president-elect's economic agenda, particularly his plans to use tariffs to raise revenue and help bring more manufacturing to US shores.
Trump also picked Kevin Hassett as his top economic advisor, bringing the member of his first administration to head the White House National Economic Council. Hassett is set to help advance Trump's plans too, ranging from tax cuts to widening energy production.
"Jamieson played a key role during my First Term in imposing Tariffs on China and others to combat unfair Trade practices," said Trump of Greer, who served as chief of staff to US Trade Representative Robert Lighthizer during Trump's previous administration.
He also cited Greer's experience in helping to see through a trade deal between the United States, Mexico and Canada.
Greer is a partner at law firm King & Spalding.
During Trump's first term from 2017 to 2021, the United States introduced tariffs on billions of dollars worth of imports -- notably on China but also America's allies.
In particular, the Trump administration imposed levies on some $300 billion in Chinese goods as Washington and Beijing engaged in an escalating tariff war.
Lighthizer emerged as a strongman in trade talks as he sought to force changes in Beijing's economic policies.
If confirmed by the Senate, Greer, who is viewed as Lighthizer's protege, will be charged with rolling out Trump's tariff policy and negotiating trade deals.
Hassett, formerly Trump's Council of Economic Advisers chair, will not require Senate confirmation.
"He will play an important role in helping American families recover from the Inflation that was unleashed by the Biden Administration," Trump said Tuesday.
Hassett will also have a role pushing for a renewal of Trump's previous tax cuts.
- Manufacturing return -
Trump on Tuesday lauded Greer's efforts under Lighthizer, saying his work helped bring manufacturing jobs back to America.
As US Trade Representative, Greer is set to work on reining in the country's trade deficit, protecting American industries and widening export markets, Trump added.
Trump has vowed sweeping tariffs of at least 10 percent on allies and adversaries alike, and a steeper level on China.
The aim is to raise government revenue and target countries he said have been "ripping us off," while pushing businesses to bring production back to US shores.
Even before he takes office in January, Trump has threatened to begin his presidency with an immediate trade war against three top US economic partners: China, Mexico and Canada.
It remains unclear what role Lighthizer might assume in Trump's second term, but he is expected to remain influential within the president-elect's orbit.
As part of his earlier role at the USTR's office, Greer was involved in Washington's decisions to impose tariffs on Beijing in Trump's first term, and come to a "Phase One" trade deal in 2020.
The deal marked a truce in the trade war between the world's two biggest economies.
But China has yet to meet its commitments of boosting purchases of American products and services over 2020 and 2021, as the world grappled with the Covid-19 pandemic.
P.Petrenko--CPN