USTR Jamieson Greer on EU tech fines: Number of investigations we could conduct to take action
December 18, 2025 • 4m 42s
? (Squawk Box Host)
00:00.150
and
is
now
threatening
to
penalize
EU
tech
companies
in
return
ambassador
grier
joins
us
this
morning
good
morning
to
you
sir
i
where
does
this
stand
and
and
just
so
we
understand
the
the
various
chess
pieces
here
what
what
kind
of
leverage
do
you
think
you
have
to
actually
? (Squawk Box Host)
00:16.470
effectuate
this
in
the
EU
Jamieson Greer (United States Trade Representative)
00:19.190
well
good
morning
good
to
be
with
you
there
are
a
couple
of
things
you
know
first
of
all
the
EU
itself
knows
that
it
lags
on
innovation
you
know
we
had
the
EU
put
out
the
mario
draghi
report
a
year
or
two
ago
talking
about
how
you
know
what
a
lack
of
innovation
they
have
and
Jamieson Greer (United States Trade Representative)
00:35.510
high
regulation
so
there's
incentive
on
the
EU
side
on
the
US
side
there
are
a
number
of
types
of
investigations
that
we
could
conduct
to
look
into
this
and
potentially
take
action
president
trump
's
been
talking
about
this
for
several
months
so
this
is
not
a
new
issue
Jamieson Greer (United States Trade Representative)
00:47.870
unfortunately
and
even
before
that
we've
been
dealing
with
it
for
years
so
? (Squawk Box Host)
00:53.150
but
but
in
terms
of
what
happens
next
and
assuming
the
EU
says
talk
to
the
hand
which
they
could
are
we
talking
just
about
fines
are
we
talking
about
different
tariffs
tariff
regime
how
are
you
thinking
about
this
Jamieson Greer (United States Trade Representative)
01:06.270
so
this
past
summer
we
issued
a
joint
statement
with
the
european
union
on
a
variety
of
topics
one
of
those
topics
was
about
having
fairness
and
non
discrimination
in
digital
trade
i
was
in
brussels
a
couple
of
weeks
ago
and
i
spoke
with
counterparts
over
there
and
several
of
Jamieson Greer (United States Trade Representative)
01:23.590
them
just
really
refused
to
engage
on
this
topic
i'm
happy
to
engage
with
them
the
united
states
is
happy
to
engage
with
them
we've
been
trying
for
many
years
to
do
so
and
they've
not
been
responsive
so
we
have
we
have
tools
like
section
three
oh
one
which
is
an
investigatory
Jamieson Greer (United States Trade Representative)
01:37.030
tool
that
is
designed
to
have
a
negotiated
outcome
you
know
i
don't
think
we're
in
a
world
where
we
want
to
have
some
you
know
renewed
trade
fight
or
something
with
the
EU
that's
not
what
we're
talking
about
we
want
to
finish
off
our
deal
and
implement
it
but
this
is
something
Jamieson Greer (United States Trade Representative)
01:49.030
that's
really
important
and
we
need
to
deal
with
it
we
need
to
deal
with
it
quickly
it'll
be
better
for
the
EU
and
for
us
to
have
it
resolved
? (Squawk Box Host)
01:55.350
you
know
one
of
the
things
i
wanted
to
ask
you
about
was
the
president
spoke
obviously
to
the
american
public
last
night
and
talked
about
the
eighteen
trillion
dollars
i
think
was
the
number
he
used
of
investment
pledges
made
into
the
US
as
part
of
some
of
these
tariff
? (Squawk Box Host)
02:08.510
transactions
or
or
tariff
deals
with
various
countries
and
i
think
the
american
public
wants
to
understand
the
math
behind
that
because
eighteen
trillion
dollars
is
an
extraordinary
amount
of
money
you
look
at
some
of
the
countries
that
have
made
these
pledges
it's
you
know
? (Squawk Box Host)
02:22.830
close
to
their
entire
GDP
over
what
period
of
time
should
we
anticipate
these
deals
actually
coming
to
fruition
and
i
should
also
just
mention
that
bloomberg
had
done
a
an
analysis
of
this
and
suggested
that
in
fact
there
were
closer
to
only
really
seven
trillion
dollars
which
? (Squawk Box Host)
02:41.040
by
the
way
is
still
an
extraordinary
number
but
in
in
terms
of
measurable
deals
that
that
we
should
be
thinking
about
Jamieson Greer (United States Trade Representative)
02:48.630
well
remember
the
deals
they
really
have
a
couple
parts
to
them
you
know
one
or
one
is
the
investment
headline
numbers
that
that
you're
talking
about
which
are
really
important
that's
helping
to
reindustrialize
america
and
i'll
talk
a
little
bit
about
that
and
the
other
part
are
Jamieson Greer (United States Trade Representative)
03:01.710
what
i'd
call
the
pure
trade
issues
where
they're
opening
our
markets
to
us
they're
taking
their
tariffs
down
they're
removing
their
non
tariff
barriers
and
on
that
part
a
lot
of
that
is
already
in
progress
we're
going
through
legislatures
in
foreign
countries
on
the
investment
Jamieson Greer (United States Trade Representative)
03:13.470
piece
you
know
this
past
week
we
saw
a
new
zinc
smelter
be
announced
by
a
korean
we
have
the
koreans
talking
about
more
shipbuilding
in
the
tombs
of
you
know
hundreds
of
millions
of
dollars
and
billions
of
dollars
we
have
the
japanese
companies
like
hitachi
and
others
you
know
Jamieson Greer (United States Trade Representative)
03:28.390
building
so
you
know
we
see
a
lot
of
progress
on
that
front
and
we're
going
to
be
looking
at
it
over
the
life
of
president
trumps
term
on
the
investment
figures
right
the
? (Squawk Box Host)
03:36.590
other
thing
that
i
think
we're
all
waiting
to
hear
from
is
the
supreme
court
about
what
they
ultimately
think
of
these
tariffs
and
whether
they're
going
to
either
strike
them
down
or
try
to
change
them
or
something
else
what
kind
of
preparations
are
you
making
behind
the
scenes
? (Squawk Box Host)
03:49.480
right
now
in
that
regard
and
what
are
you
hearing
from
various
countries
around
the
world
Jamieson Greer (United States Trade Representative)
03:54.910
so
so
remember
the
president
has
been
focused
on
the
tariff
program
for
many
years
and
so
even
before
inauguration
day
we
had
a
number
of
plans
of
how
to
implement
tariffs
and
the
president
ultimately
appropriately
selected
that
using
his
emergency
authorities
was
the
best
Jamieson Greer (United States Trade Representative)
04:10.790
because
we
could
move
quickly
and
flexibly
to
respond
to
the
emergency
of
offshoring
and
the
deficit
that
being
said
at
that
time
we
also
had
other
options
for
the
president
you
know
we
have
tools
under
section
three
oh
one
to
deal
with
specific
unfair
trading
practices
and
use
Jamieson Greer (United States Trade Representative)
04:25.470
a
tariff
to
combat
those
we
have
section
two
three
two
tariffs
that
are
in
place
and
aren't
challenged
so
tariffs
are
going
to
be
part
of
the
landscape
going
forward
regardless
of
what
happens
we're
pretty
confident
about
the
case
by
the
way
we
laid
out
a
pathway
for
success
and
Jamieson Greer (United States Trade Representative)
04:37.550
for
the
supreme
court
to
find
for
the
government
but
we
have
plans
if
if
it
goes
the
other
way
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