US EditionTrump administration launches process to replace tariffs struck down by U.S. Supreme Court
The investigations target alleged unfair trade practices including excess manufacturing capacity and forced labor, aiming to reinstate tariffs before temporary levies expire in July.
- 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.
123 Articles
123 Articles
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newsindiatimes.comWhite House Takes First Step toward Permanent Fix for Illegal Tariffs
The Trump administration took a major step toward replacing the global tariffs that the Supreme Court recently invalidated, announcing new investigations of unfair trading practices that will almost certainly result later this summer in permanent new taxes on U.S. imports.
US Starts Trade Probe Into China, EU in Trump's Tariffs Revival
(Bloomberg) — President Donald Trump’s administration started the first of several sweeping trade investigations that set the stage for new tariffs, the centerpiece of a push to replace levies struck down by the US Supreme Court.
After defeating the Supreme Court, the U.S. government is examining various trade relations – including with the EU. The results could be the basis for new tariffs.
Washington, 11 Mar (EFE).- The United States announced Wednesday the beginning of commercial investigations against several economies, including Mexico, China and the European Union (EU), to determine whether their industrial policies and excess productive capacity in the manufacturing sector affect the US industry. The measure was announced by the US trade representative, Jamieson Greer, who by means of a statement explained that the process wi…
A US trade agency has launched an investigation to determine whether the EU, China and a number of other trading partners are engaging in “unfair trade practices” in relation to the US. The investigation could lead to new tariff increases.
Washington, 11 Mar (EFE).- The United States announced Wednesday the beginning of commercial investigations against several economies, including Mexico, China and the European Union (EU), to determine whether their industrial policies and excess productive capacity in the manufacturing sector affect the US industry.The measure was announced by the US trade representative, Jamieson Greer, who by means of a statement explained that the process wil…
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