US Trade Representative Greer Indicates Tariff Plan is Proceeding Smoothly

Summary

U.S. Trade Representative Greer stated that the tariff plan is progressing smoothly.Wallstreetcn

Impact Analysis

So they’re basically admitting that the tariff plan is on track, which is a big deal given the recent tensions and trade deficit reduction with China. The timing is interesting—right before the year-end, suggesting they’re setting the stage for a stable trade environment going into 2026. The soybean procurement by China and the rise in prices by 12-15% is a direct result of this plan, indicating positive momentum in agricultural exports.money.udn.com+ 2 But, the focus on non-sensitive goods and reducing dependency hints at a cautious approach, possibly to avoid over-reliance on China.Yahoo Asia Bottom line—this could stabilize commodity markets and improve trade balance, but watch for any shifts in policy or unexpected reactions from allies urging coordinated actions against Beijing. For the portfolio, consider positions in agricultural commodities and companies with exposure to U.S.-China trade, as they might benefit from this stability.