Investing.com -- U.S. Trade Representative Jamieson Greer said Tuesday that the current average tariff of 55% on Chinese imports represents a "good status quo," while indicating the Trump administration is seeking areas where bilateral trade could expand more freely. I’ve got 55% tariffs on it. That’s the deal.’ So that is a good status quo," Greer stated. The trade representative emphasized that the U.S. will continue trading with China but needs to find arrangements that both nations are comfortable with. Related articlesUS trade chief Greer calls 55% China tariffs a "good status quo""We’ll probably have a shutdown," says TrumpBank of England’s Breeden warns against keeping rates high for too long