House Ways and Means Hearing, USTR Greer on Trade Deficit Reduction and USMCA Reform

House Ways and Means Committee held a hearing on U.S. trade policy with USTR Ambassador Jamieson Greer on May 11, 2026. Ambassador Greer highlighted that the trade deficit has fallen 24 percent since April 2025 as a result of Trump's tariff-driven America First Trade Policy. Committee members emphasized aggressive enforcement of trade agreements and pressed for USMCA reforms to close loopholes that incentivize...