Trump officials kick off process to try to replace tariffs struck down by supreme court
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The Trump administration has initiated a new trade investigation under Section 301 of the Trade Act of 1974, seeking to replace tariffs struck down by the Supreme Court in February. This action aims to recover lost revenue and protect U.S. jobs by addressing what the administration considers unfair trade practices. The investigation will examine excess industrial capacity and government backing in countries including China, the EU, Singapore, and others, focusing on persistent trade surpluses with the U.S., subsidies, and suppressed wages. The administration is also launching a separate Section 301 investigation to ban imports made with forced labor. These efforts face timeline pressures, as the administration seeks to reimpose tariffs before the midterm elections.
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