United States Trade Representative Jamieson Greer will be in the hot seat today as he testifies in front of the Senate Finance Committee, where he's expected to defend President Donald Trump's global tariff hike. Trump has sent mixed messages about whether his new tariffs are permanent or up for negotiation, although there are some signs that Trump is entertaining offers. Meanwhile, tensions with China are flaring. Trump told Beijing to withdraw its reciprocal tariffs by today, or else he’ll hike tariffs on China by another 50 percent. POLITICO trade reporter Daniel Desrochers breaks it all down with host Steven Overly. Plus, the House is slow-marching toward its vote on a budget blueprint, which could happen as soon as tomorrow.