U.S. Treasury Secretary Becerra Claims Industrial Decline is Reversible

U.S. Treasury Secretary Becerra stated that Washington has long viewed the decline of American industry as inevitable, but President Trump believes it is a result of policy choices that can be reversed. Following Trump's trade policy reset and the implementation of historic tax cuts, the industry has regained growth momentum, demonstrating that the right policies can reverse decades of industrial decline. The sector has expanded for ten consecutive months, adding 101,000 jobs so far this year. Output rose again in September, and job vacancies climbed to 584,000, the highest level recorded since before the COVID-19 pandemic.

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