US Edition
Trump administration launches process to replace tariffs struck down by U.S. Supreme Court
The administration targets 16 countries for trade probes addressing excess manufacturing capacity and unfair practices to restore $100 billion in lost tariff revenue, USTR Greer said.
- 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.
227 Articles
227 Articles
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USTR Greer Announces Launch of Sec 301 Trade Investigations into 16 Economies Including the EU
When the Supreme Court made their ridiculous decision to nullify the import tariffs under the International Emergency Economic Powers Act (IEEPA) use, the high court noted several alternate approaches would not be legally problematic. One of those approaches would be the use of Section 301 trade tariffs. Yesterday USTR Jamieson Greer quietly announced that a […]
CPA Urges Trump Administration Not To Displace Section 232 Import Relief With New USTR Section 301 Investigations
WASHINGTON, D.C. — The Coalition for a Prosperous America (CPA) today welcomed the Trump administration’s decision to launch Section 301 investigations into structural excess capacity and overproduction in global manufacturing sectors. The investigations, announced yesterday by U.S. Trade Representative Ambassador Jamieson Greer, will examine whether policies and practices in China, the European Union, Singapore, Switzerland, Norway, Indonesia, …
Trump begins lengthy process of reviving tariffs
What happenedThe Trump administration on Wednesday said it was opening investigations into alleged unfair trading practices by 16 major U.S. trading partners, including China and the European Union, as President Donald Trump tries to resurrect sweeping global tariffs struck down by the Supreme Court. The investigations, based on Section 301 of the 1974 Trade Act, will look at “excess capacity” in manufacturing, said U.S. Trade Representative Jam…
The Trump administration opened a new trade investigation into manufacturing in foreign countries on Wednesday, an effort that arises after the Supreme Court overturned President Donald Trump’s previous use of tariffs by declaring an economic emergency. Trump and his team have made it clear that they seek to replace the hundreds of billions of dollars in revenue lost after the February Supreme Court ruling using different laws to establish new t…
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