Ambassador Greer Issues Statement on Supreme Court IEEPA Decision

… <p>Fentanyl is a scourge that has killed hundreds of thousands of Americans, particularly young Americans, and President Trump’s use of IEEPA forced China, Mexico, and Canada to curb the importation of fentanyl and its precursors into the United States. Mexico also took measures to improve border security as a result of President Trump’s IEEPA tariffs. President Trump also used IEEPA to effectively address the trade deficit that skyrocketed by 40% during the Biden Administration and furthered the offshoring of American manufacturing and agricultural production while lining the pockets of foreign countries, companies, and workers. During the latter half of 2025, the trade deficit was clearly trending downward, particularly as other countries agreed to trade deals that retained a protective U.S. tariff while opening their markets to U.S. exports. Between April 1, 2025 and December 31, 2025, the trade deficit in goods has declined 17%. Regardless of the Court’s decision today, these challenges—and the enormous progress we’ve made—remain.&nbsp;</p> <p>The Trump Administration is committed to continue implementing the President’s trade policy, which was at the core of his campaign and agenda. For many months, the Trump Administration has cautioned foreign trading partners and the business community that if the Supreme Court were to limit the President’s authority to impose tariffs under IEEPA, alternative tools would be implemented to address many of the issues at the heart of the President’s reciprocal tariff program. These objectives include reducing the U.S. global trade deficit in goods, reversing the lack of reciprocity by our foreign trading partners, and incentivizing the reshoring of production to the United States. Our partners have been responsive and engaged in good-faith negotiations and agreements despite the pending litigation, and we are confident that all trade agreements negotiated by President Trump will remain in effect. &nbsp;</p> …