US Edition
Trump Administration Kicks Off New Process to Try to Replace Tariffs Struck Down by Supreme Court
The U.S. opened Section 301 probes targeting unfair trade practices and forced labor imports to recover billions lost after the Supreme Court struck down prior tariffs.
- On Wednesday, the Trump administration opened new trade investigations under Section 301 of the Trade Act of 1974, seeking to replace revenue lost after the Supreme Court struck down previous tariffs in February.
- Trade Representative Jamieson Greer stated the investigations will examine excess industrial capacity and government subsidies that officials claim grant foreign companies an unfair advantage over American businesses.
- Targeting China, the European Union, Japan, India, and Mexico among others, the probe examines persistent trade surpluses and policies including the suppression of workers' wages.
- Greer also indicated the administration is launching a Section 301 investigation into goods made by forced labor, while considering future probes into digital service taxes and pharmaceutical drug pricing.
- With a July 24 deadline, officials face 150 days to complete these investigations, with Greer aiming to bring "potential options" to President Donald Trump as soon as possible.
29 Articles
29 Articles
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The Billings Gazette
Trump administration kicks off process to try to replace tariffs Supreme Court struck down
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Trump kicks off new process to replace tariffs struck down by U.S. Supreme Court
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