US Trade Rep. Greer on China Relations and Section 301 Tariffs
Speakers
Jamieson Greer
— US Trade Representative
Summary
US Trade Representative Jamieson Greer signals imminent Section 301 tariffs on Brazil likely at 25%, while providing updates on trade negotiations with Vietnam and Switzerland, a Russia sanctions bill, and US reshoring efforts in pharmaceuticals and rare earths. He also previews the upcoming Trump-Xi meeting and notes China's imperfect rare earth compliance.
- Brazil likely to face 25% Section 301 tariffs over unfair trade practices; final action expected soon.
- Vietnam negotiations cover tariffs, non-tariff barriers, IP, and economic security alignment.
- US trade surplus with Switzerland now positive; Swiss firms investing in US rail production.
- Bipartisan Russia sanctions bill could allow up to 100% tariffs on large Russian oil importers.
- China's rare earth compliance 'not perfect' but flow continues; US progressing on domestic rare earth production.
- 17 major pharma firms (incl. Eli Lilly, Novartis) commit to US reshoring and facility construction.
- Trump-Xi meeting to review soybeans, agricultural purchases, rare earths, and relationship stability.
Ideas
Brazil faces imminent 25% US tariffs
Bearish Brazil/EWZ policy risk from possible Section 301 tariffs; no explicit short, puts, or clearly actionable short call, so classify as avoid rather than short.
Up Next
This Bloomberg Markets video, published July 16, 2026, features Jamieson Greer discussing EWZ. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Jamieson Greer · Tickers: EWZ