U.S. Trade Representative Greer warned that the United States is losing both advanced and basic manufacturing capacity, underscoring the urgency of efforts to rebuild domestic industry. Greer put China’s cumulative tariff rate at 55%, framing it as a competitive hurdle for U.S. producers. She said the expanded tariff program introduced under former President Donald Trump is already encouraging fresh industrial investment at home. The trade chief said her priority is to keep the U.S. trade deficit on a downward path and to pursue a clear-eyed strategy for re-industrializing the economy, while acknowledging the scale of the challenge.