July 22, 2026
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2:03Now PlayingJamieson Greer, the U.S. trade representative, said Wednesday that the U.S. was still facing a "national emergency" on trade and that the Trump administration would continue using tariffs to advance its economic agenda.
"The president's trade policy in 2025 was characterized by a national emergency: a $1.2 trillion trade deficit, which had exploded 40% in the prior four years," he told the Senate Finance Committee. "That national emergency still persists and so our policy remains the same."
The administration plans to impose new global tariffs soon to replace those struck down by the Supreme Court late last year as legally invalid.
"The specific authorities this administration is using have changed, but the trade strategy has not," Amb. Greer said. "We are committed to continuing to use tariffs and to negotiate deals to support the reindustrialization of our economy, protect American workers and increase their wages and shrink our trade deficit."
#tariffs #tradepolicy #cspan
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