31 Mar Trump Announces Trade Investigations
Following the IEEPA tariff ruling, the Trump administration has announced new trade investigations aimed at 16 trading partners over alleged unfair trade practices and industrial overcapacity that they believe are undermining American manufacturing.
The investigations will determine whether policies such as government subsidies, state-owned enterprises or labour practices create unfair advantages for foreign producers. This initiative is being conducted under Section 301 of the Trade Act of 1974, a law that allows the U.S. government to impose tariffs or other trade penalties if foreign policies are found to harm domestic commerce.
The nations are Bangladesh, Cambodia, China, European Union, India, Indonesia, Japan, Malaysia, Mexico, Norway, Singapore, South Korea, Switzerland, Taiwan, Thailand and Vietnam.
We will keep you up to date with any further developments in future issues of this newsletter.
FOLLOW US FOR THE LATEST NEWS!
Simply click here to follow our LinkedIn Company Page to stay up-to-date with the latest industry news that may impact your business.
Sorry, the comment form is closed at this time.