U.S. Trade Representative Jamieson Greer said on May 4 that he expects probes into major trade practices to be completed this summer, keeping pressure on a trade agenda that is still being closely watched by markets.
Greer also said tariff revenue is still coming in at a substantial level, a signal that duties remain an active part of U.S. policy even as the reviews move toward a conclusion. Investors are watching how the direction of U.S. trade policy and its tariff stance may affect global trade conditions and the path of inflation.
The investigations are aimed at major trade practices, and their completion this summer would give the administration a clearer basis for deciding how hard to lean on tariffs and related trade measures. That matters now because the market is already trying to price in what comes next, from supply-chain effects to whether inflation pressure eases or builds.
The unresolved piece is not whether the probes are moving, but how the White House will use the findings once they are finished. Greer has said the reviews should be done this summer, and the next test is whether that brings a reset in trade policy or just a continuation of the tariff-heavy approach markets are already parsing.
