Jamieson Greer defends the administration's tariff policy against claims from Elizabeth Warren that costs have risen for American families.
US trade representative Jamieson Greer told the Senate finance committee that the administration's sweeping tariff policy has not significantly increased prices for American families. During a heated exchange, Jamieson Greer pointed to a core inflation rate of 2.6% year on year, noting that this figure is a marked improvement over January 2025. Senator Elizabeth Warren challenged this assessment, citing a Democratic estimate based on Congressional Budget Office and Treasury Department data. Warren argued that families are paying an average of $1,700 more in tariff costs since President Trump returned to office. While overall inflation remains slightly higher than when the previous administration ended, Greer maintained that the tariffs have not been the primary driver of rising costs. The debate highlights a divide in economic interpretation. While Senator Raphael Warnock accused the administration of being in denial about the impact of tariffs on inflation, Jamieson Greer insisted that the trade policy remains effective. The administration plans to replace the current 10% global tariff regime with a new wave of duties on overseas imports.