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.United States Trade Representative Ambassador Greer: "The specific authorities this administration is using have changed but the trade strategy has not. We are committed to continuing to use tariffs and to negotiate deals to support the re-industrialization of our economy, protect American workers and increase their wages, and shrink... show more

Rapid Response 47

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.United States Trade Representative Ambassador Greer: "We have flipped the direction and the trend in the trade deficit. Our trade deficit with China has gone down by 30% over the past year... our trade deficit with the rest of the world, since last April, has gone down by 17%."

.United States Trade Representative Ambassador Greer: "We have flipped the direction and the trend in the trade deficit. Our trade deficit with China has gone down by 30% over the past year... our trade deficit with the rest of the world, since last April, has gone down by 17%."

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.United States Trade Representative Ambassador Greer: "The President's trade policy remains the same... We're trying to get at these issues that have distorted the global trading system and hurt American workers and producers."

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"It is simple for people to say, 'well, they’ve just been applying tariffs wildly,' and that’s simply not the case," says United States Trade Representative Ambassador Greer. "We’re trying to go very carefully to change the terms of trade between the United States and the rest of the world."

"It is simple for people to say, 'well, they’ve just been applying tariffs wildly,' and that’s simply not the case," says United States Trade Representative Ambassador Greer. "We’re trying to go very carefully to change the terms of trade between the United States and the rest of the world."

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.United States Trade Representative Ambassador Greer: "For President Donald J. Trump and his administration, the answer is clear: we want an economy that is resilient from shocks and not dependent on foreign production for critical goods... we want an economy that prioritizes American workers by protecting them from unfair trading practices and creating economic conditions that raises their wages."

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President Trump is using tariffs as a powerful tool to reduce our trade deficit and put America First after decades of unsustainable trade deficits that threaten our economic sovereignty and national security. The Trump administration continues to engage with our trading partners to achieve fair, balanced, and reciprocal trade.

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The days of unfair trade practices are over. Thanks to President Donald J. Trump, this Administration is laser-focused on securing the best trade deals for the American people. The market is looking ahead and clearly understands that these deals will benefit both the United States and the global economy.

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Under the previous administration, our trade deficit skyrocketed by 40%, robbing Americans of job opportunities and hollowing out our manufacturing base vital to our economic sovereignty and national security. President Trump is flipping the script by restructuring global trade to secure lasting benefits for American workers and their families.

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