[{"_1":2,"_111":-5,"_112":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87,99],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":72,"_74":72},"mediaId",6084805,"mediaKeyId","2907411-d9247f212af5a7a01f34a1a370a5440f","parentId",2907411,"title","USTR says semiconductors, pharmaceuticals handled separately; senators seek clarity on exclusions and reshoring incentives","audioSeconds",112,"startMs",7228000,"endMs",7340000,"viewUrl","/Search/View?dp=1&key=2907411-d9247f212af5a7a01f34a1a370a5440f&start=7228&end=7340","thumbnailUrl","https://assets.pipeline.soar.com/2907411-d9247f212af5a7a01f34a1a370a5440f/thumbnail_7228000.jpg","articleUrl","/articles/6084805/USTR-says-semiconductors-pharmaceuticals-handled-separately-senators-seek-clarity-on-exclusions-and-reshoring-incentives","mediaUrl","https://secure.pipeline.soar.com/6084805-98df27b38a4fbd07a270a73ee23461f7/orig.mp4?Expires=1775061279&Signature=O8RqO-HOT9XdSvqFjAQZfnFxJDsoQH6-oGO823-ZYV0TcaAyCqlM5h5TZn4Sr6JsoNQbZPNkuXgi4r20EwmzKjIPZyQYybzN4vGsoK8H0PFQFgLyskVKvr1NbPwBCTgZFZ8dOdreHgVaJR67iGetAPmJkO8rQuEMzmnwvykeiwow2JzRcC9QH-BLxeBL2DhpmWQteAGPmEAMRGpdBs0HqZ5TWQNxM5RmS7Ek0ecv-xq~NEvgSxNFF75hWGihn19bs9n7w4n2HuqKXx0PHvFlOME1UoGHqHPPsHn1rRPF4huNPYn3tfWk0jVjIlZhso0Ap8xhvAP-4ROifteZUDVZFg__&Key-Pair-Id=KUT5TJCACFTXG","author","U.S. Senate Committee on Finance","date","2025-04-08T00:00:00Z","article","Ambassador Jason Greer told senators that the administration has excluded certain sensitive sectors from the blanket reciprocal-tariff action and is pursuing separate reviews and incentives for items deemed crucial to national security and supply-chain resilience.

Greer said areas such as semiconductors and pharmaceuticals were not included in the blanket tariff package because they are the subject of separate investigations or policies. \"There were certain sectors, that we excluded from the tariff action because we think they need their own investigation and consideration, whether it comes to tariffs or other actions. This includes semiconductors, it includes pharmaceuticals,\" Greer testified.

Senators pressed on the scope of those exclusions and on how the administration will promote reshoring. Several members raised the Chips and Science Act and other incentives already enacted to promote onshore semiconductor manufacturing and asked how the new trade measures would interact with those programs. Greer pointed to a mix of executive actions and potential congressional steps — including tax and incentive proposals — as ways to attract production.

Lawmakers also raised sector-specific questions: Senator John Cornyn (R-Texas) and others discussed non-tariff barriers to agricultural exports (beef, pork, ethanol); Senator Bill Cassidy (R-La.) pressed Greer on proposed shipbuilding remedies and potential port impacts; and senators from mineral-producing states asked about critical-mineral processing and whether trade measures would be coupled with domestic industrial policy to reduce China’s processing dominance.

Greer said some targeted proposals — such as shipbuilding incentives — remain under review and that USTR has solicited comments and stakeholder input before finalizing any specific remedies. He told the committee that the best path to long-term certainty is to increase domestic production and that the administration is using tariffs as one lever among others to achieve that objective.","mediaType","Video","parentTitle","The President’s 2025 Trade Policy Agenda: April 8, 2025","oneSentenceSummary","Ambassador Greer told the committee that semiconductors and pharmaceuticals are being treated outside the administration's blanket tariff action and that the broader policy is designed to incentivize reshoring; senators sought details on specific exclusions, shipbuilding proposals, and critical-mineral strategy.","taxTitle","Finance: Senate Committee, Standing Committees - House & Senate, Congressional Hearings Compilation, Legislative, Federal","taxId",1993,"location","","headline","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":72,"_73":72,"_74":72},6084810,"Senators question legality and consultation on emergency tariff order; USTR says staff held 200+ Hill meetings",6740,3318000,10058000,"/Search/View?dp=1&key=2907411-d9247f212af5a7a01f34a1a370a5440f&start=3318&end=10058","https://assets.pipeline.soar.com/2907411-d9247f212af5a7a01f34a1a370a5440f/thumbnail_3318000.jpg","/articles/6084810/Senators-question-legality-and-consultation-on-emergency-tariff-order-USTR-says-staff-held-200-Hill-meetings","https://secure.pipeline.soar.com/6084810-e40323edef54bb85b9cfd7baba871b2f/orig.mp4?Expires=1775061279&Signature=ae7Yq2322ru14ybVwr5xuJyvshP2A3sKRvqs89I4DqVIhuTYj-IGdNNFv92vuCFhUW40nUicM4b5Bpascj7jZn1VTwB-pf1ZszQJEFZGwk9OtNPtnmJgvAycjy9wCPWasxd0EZccra7ta5lwDH7DPyPzTpNW99f2YZHjkyfTVkgQ7dHqSCRyVFziGWtTzIvaRqYaI0Bo1-5O-~hgxDRQ0VyW7cv3qVAlifG4z-4~hK61s-pW6ej0MJTFltg0zozocfJjQSHp-NaQnegpj1s80m0caesrLmQCs7eEFzc7WbgvTn1NXn6Vc0Miw~vcwItPATXz96aEwdv2PE9Z1H62EA__&Key-Pair-Id=KUT5TJCACFTXG","A central line of questioning at the Senate Finance Committee hearing focused on the Trump administration’s legal basis for using emergency trade authority to impose broad reciprocal tariffs and on whether Congress had been adequately consulted.

Senator Elizabeth Warren (D-Mass.) and Senator Bernie Sanders (I-Vt.) said the president’s steps were being taken without sufficient congressional input and raised alarms about the concentration of authority in the executive branch. Senator Sanders pointed to the low volume of fentanyl seizures at the U.S.-Canada border that had been presented as part of the administration’s justification and said that, if accepted, the emergency tool could be invoked broadly.

Greer replied that Congress had delegated emergency authority and that USTR staff had engaged extensively with congressional offices: \"My staff has had over 200 formal engagements with staff on the hill\" in recent weeks, he said. He also noted that Congress requires periodic reporting and that the president must renew emergency declarations annually.

Several senators — including Ron Wyden and Maria Cantwell — said the delegation of authority to the executive branch had gone too far and announced or signaled support for legislative measures to reassert Congress’s role in trade decisions. Senator Wyden said he was preparing a privileged resolution to overturn the administration’s tariff actions. Senators requested further documents and timelines for consultations and asked for written answers to detailed questions by April 15.","Several senators pressed Ambassador Greer over the legal basis for the administration’s emergency tariff declaration and whether Congress received adequate consultation; Greer said USTR staff held more than 200 engagements with Hill offices in recent weeks but senators pressed for formal, written consultation and raised constitutional concerns.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":72,"_73":72,"_74":72},6084815,"Senators press USTR on immediate economic pain: 401(k) losses, small businesses, farmers and tourism sectors raise alarms",6731,1589000,8320000,"/Search/View?dp=1&key=2907411-d9247f212af5a7a01f34a1a370a5440f&start=1589&end=8320","https://assets.pipeline.soar.com/2907411-d9247f212af5a7a01f34a1a370a5440f/thumbnail_1589000.jpg","/articles/6084815/Senators-press-USTR-on-immediate-economic-pain-401k-losses-small-businesses-farmers-and-tourism-sectors-raise-alarms","https://secure.pipeline.soar.com/6084815-ba962e4570b4536efc5b5688a08ee26c/orig.mp4?Expires=1775061279&Signature=a0LX475hfEWDV-IQ3q4Bp0Zq-ILX3KNASnK1IDbIGqOuimEC3Ff-RWRWIKo441DzfmKZloyELgVojFEkEEdXI3p9XgtMqshHYafj2zuOEIH5jTiY4Cl396LFE1YJjZc1z8kuPI77ZZob52jbUCDpcoEZgT7x2A3b2PAx2YU7cxbL8w1FGIBfzhOT7mFkkwAxKNmweIwYDxkbGOVICpPoxNaYHsDnsY~MdcVK~6nIiukpcb1D6UMjWmRuso~V249mjf6MOFvT-Pcj~rSJayG1HuDDSWbENF7fyPtD2sB5o9EHfSujCbwSQNIDW2m-K~5xUIUMEfMOmSoEqp6k0lOvYg__&Key-Pair-Id=KUT5TJCACFTXG","Senators from both parties used Wednesday’s Senate Finance Committee hearing to press Ambassador Jason Greer on the immediate economic consequences of the Trump administration's tariff measures, which multiple lawmakers said were already hurting constituents.

Ranking Member Ron Wyden (D-Ore.) opened the questioning by warning that American retirement accounts, investors and the economy were \"in purgatory\" because of the new tariffs and asked bluntly, \"What is the plan?\" Wyden and other Democrats cited near-term estimates of household cost increases and warned of job losses and retirement-account declines.

Senators described examples from their states: manufacturers with China or Vietnam supply chains facing higher input costs; fruit growers told they could lose export markets; tourism-dependent states reporting declines in inbound visitors; and small businesses that rely on imported inputs for niche products. Senator Sherrod Brown (D-Ohio) and Senator Tammy Baldwin (D-Wis.) raised small-business and manufacturing concerns; Senator Maggie Hassan (D-N.H.) and Senator Catherine Cortez Masto (D-Nev.) highlighted tourism declines and service-sector exposure.

Greer acknowledged varying sectoral impacts and said the allocation of costs between foreign producers and U.S. importers remains to be seen: \"We haven't yet seen how those costs are gonna be allocated between the foreign producers and their importers here,\" he told the committee. He also said the administration has convened a small-business trade advisory council and reached out to the Small Business Administration to hear producers' concerns.

Several senators asked whether there is any exclusion or exemption process for firms that cannot source domestically. Greer said the administration's position at the hearing was that it did not intend to provide broad exemptions to the blanket approach and reiterated that certain sectors (semiconductors and pharmaceuticals) had been handled separately.

Senators repeatedly returned to the distributional question — who bears the cost — and to requests for rapid remedies for constituents reporting layoffs or rising consumer prices. Senator Elizabeth Warren (D-Mass.) called the tariffs \"a regressive tax\" and urged Congress to act. Several senators asked for written briefings and for the administration to meet directly with affected industry groups.","Multiple senators warned Ambassador Jason Greer that the administration's tariffs are imposing near-term costs on households, small businesses, farmers and the tourism sector, and pressed for relief and clearer exclusion processes.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":104,"_47":105,"_49":106,"_51":107,"_53":108,"_55":56,"_57":58,"_59":109,"_61":62,"_63":64,"_65":110,"_67":68,"_69":70,"_71":72,"_73":72,"_74":72},6084820,"USTR defends Trump administration’s national-emergency tariffs as talks begin with 50-plus countries",740,1216000,1956000,"/Search/View?dp=1&key=2907411-d9247f212af5a7a01f34a1a370a5440f&start=1216&end=1956","https://assets.pipeline.soar.com/2907411-d9247f212af5a7a01f34a1a370a5440f/thumbnail_1216000.jpg","/articles/6084820/USTR-defends-Trump-administrations-national-emergency-tariffs-as-talks-begin-with-50-plus-countries","https://secure.pipeline.soar.com/6084820-f7cfa76c16b3fa2d4576fb554ecef03c/orig.mp4?Expires=1775061279&Signature=bOrGwevhS9jYyCkqDE2fxxivUWkfXpwwE8lRUeMFM2ooo40jnyEUD439nXwoyuU7DX~ZnznkpiTOD1JvUkWDkuo66TJQ7xt4hRErZxnUBrhNPZVlkFmotTs3~dvxYC0hEKRgjDvUscrmFYvQQXauFZervArexBeN6P38oBS1G~eBG7S~NmEYMAQD4jEHY0Lg-w64amCmW7duEqrgMR5i-NSEP0zwJoK0euSElxsfkOo4PEmDIPybLH0aY0AbpVsXUZJvCzQzoBU2OXA2UJSlXht44x7oOUNv~PXJ6JrmPOzP4BEBXGoTLz98-8ZOsnqHV~NwBF1xwwDEioLMykl8YA__&Key-Pair-Id=KUT5TJCACFTXG","The Senate Finance Committee heard extended testimony Wednesday from Ambassador Jason Greer, the U.S. Trade Representative, defending President Trump’s declaration of a national emergency and the administration’s imposition of reciprocal tariffs intended to reduce the U.S. trade deficit.

Greer said the administration concluded last week that the nation faces an urgent economic and national-security challenge tied to a large and persistent trade deficit. \"President Trump imposed tariffs to address this emergency,\" Greer said. He told the committee the measures are aimed \"squarely at achieving reciprocity and reducing our massive trade deficit to reshore production in the United States.\"

Greer and other administration witnesses anchored the actions to the new \"America First Trade Policy\" memorandum, the USTR’s national trade estimate, and the president’s directive. Greer described the tariff package as a combination of a global baseline and higher, country-specific rates intended to create leverage in market-access talks. He said the administration is simultaneously negotiating with countries that have approached the U.S. to discuss reciprocal measures and has had \"about 50\" countries engage with USTR staff so far.

Committee members pressed Greer on the scope, duration and objectives of the tariffs. Ranking Member Ron Wyden (D-Ore.) asked repeatedly whether the tariffs were intended as a negotiating tool or as a permanent break with global trade, saying \"What is the plan?\" and calling for clarity about how the tariffs were determined. Greer replied that the administration intends the measures both to take effect as announced and to be paired with immediate negotiations: \"The president's fixed in his purpose. The nature of the emergency ... is not something we can wait on anymore,\" Greer said.

Greer cited broad indicators in the administration’s assessment: he told senators the United States has lost \"5,000,000 manufacturing jobs and 90,000 factories since 1994,\" and said the trade deficit the administration is addressing stood at about $1,200,000,000,000 when the prior administration left office. He also said the USTR has observed early signs of movement by some partners: Greer told senators that \"nearly 50 countries have approached me personally\" and that countries including Argentina, Vietnam, India and Israel \"have suggested that they will reduce their tariffs and non-tariff barriers in line with the president's policy.\"

Greer said the administration has excluded from the broad tariff action certain sensitive sectors that are being addressed by separate investigations or programs, specifically citing semiconductors and pharmaceuticals as examples of items under different reviews. He also described the tariffs as part of a broader industrial and investment strategy that includes incentives to reshore production and to align export controls and investment screening with economic-security objectives.

Committee members from both parties pressed the administration on how the tariff rates were calculated and on the process for negotiating country-specific adjustments. Several senators criticized the administration’s decision to move via emergency declaration rather than through legislation and sought more detail on consultation with Congress. Greer said USTR staff had held hundreds of staff-level engagements with Hill offices in recent weeks and that the administration would consider offers from countries that could materially reduce the U.S. trade deficit.

The hearing produced no committee vote. Senators asked for further written materials and consultations; Greer said his office would continue talks and report back as negotiations proceed.","Ambassador Jason Greer told the Senate Finance Committee that President Trump declared a national emergency over the U.S. trade deficit and has imposed broad reciprocal tariffs while opening negotiations with more than 50 countries to seek market-access concessions.","actionData","errors"]

Article not found

USTR says semiconductors, pharmaceuticals handled separately; senators seek clarity on exclusions and reshoring incentives

Senators question legality and consultation on emergency tariff order; USTR says staff held 200+ Hill meetings

Senators press USTR on immediate economic pain: 401(k) losses, small businesses, farmers and tourism sectors raise alarms

USTR defends Trump administration’s national-emergency tariffs as talks begin with 50-plus countries