Close Menu
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

What's Hot

Cody Funderburk’s wife Alicia gives birth during cancer diagnosis

April 26, 2026

Here are the 3 big things we’re watching in the stock market in the week ahead

April 26, 2026

Funding in AI stocks is a problem and how to solve it

April 26, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
Home » President Trump investigates Section 301 of Trade Investigations in lieu of IEEPA tariffs
Finance

President Trump investigates Section 301 of Trade Investigations in lieu of IEEPA tariffs

adminBy adminMarch 12, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email


U.S. President Donald Trump speaks to reporters before boarding Marine One as it departs from the South Lawn of the White House on March 11, 2026 in Washington, DC.

Brendan Smialowski AFP | Getty Images

The Trump administration on Wednesday announced new trade investigations into China, Mexico, the European Union and more than a dozen other countries, aimed at replacing President Donald Trump’s reciprocal tariffs that were recently ruled illegal by the Supreme Court.

U.S. Trade Representative Jamison Greer told reporters in a phone call that the investigation will likely expand to more countries and will be conducted under Section 301 of the Trade Act of 1974.

The law allows the United States to impose tariffs on imports from other countries found to be involved in unfair trade practices.

Section 301 tariffs could replace at least some of the reciprocal tariffs President Trump imposed on most countries around the world last year without Congressional approval.

“The president’s trade policy remains unchanged,” Greer said.

“We will protect American jobs and ensure fair trade with our trading partners,” he said.

Greer said the Section 301 investigation “will target specific economic laws, policies, and practices related to structural overcapacity and production in the manufacturing sector.”

“We hope this investigation will uncover a variety of unfair trade practices related to overcapacity and overcapacity in the manufacturing industry,” he said. “In our view, major trading partners still have production capacity that is not tied to market incentives from domestic and global demand.”

That led to a large and persistent trade surplus, he said.

In addition to Mexico, China, and the EU, the countries surveyed include Japan, India, Taiwan, Vietnam, South Korea, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Bangladesh, and Thailand.

“We expect that other Section 301 investigations will be conducted on a country-specific basis, or perhaps other tools and investigations may emerge,” Greer said. “I won’t go into too much detail.”

Under Section 301, the Office of the Trade Representative would receive written comments on the investigation and hold a public hearing. “We will also consult with the trading partners that are the subject of this investigation,” Greer said.

“After all of this is done, the USTR will obtain the findings and analysis and recommend actions as appropriate,” he said. “Responsive measures can take many forms. It could be tariffs, it could be service charges, it could be other things.”

Read more CNBC’s political coverage

In a 6-3 decision on February 20, the Supreme Court said it did not have the authority to impose such a duty under the International Emergency Economic Powers Act (IEEPA), which Trump had argued.

Within hours of that decision, President Trump signed an executive order imposing a new 10% “universal tariff” under Section 122 of the Trade Act. Section 122 tariffs expire within 150 days.

Treasury Secretary Scott Bessent predicted in an interview with CNBC last week that U.S. tariffs would return to pre-Supreme Court ruling levels by August.

Bessent said the Office of the U.S. Trade Representative and the Department of Commerce will complete trade-related investigations that could lead to additional tariffs in the coming months.

“I strongly believe that tariff rates will return to their original rates within five months. The response from the authorities has been very thorough,” Bessent said.

“They have survived over 4,000 legal challenges. They are moving slower, but they are stronger,” he said.

Never miss the most trusted news moments in business news when you choose CNBC as your preferred source on Google.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleLovable announces $100 million in revenue growth last month alone with just 146 employees
Next Article Kacey Musgraves talks new song about feud with Miranda Lambert and divorce
admin
  • Website

Related Posts

Here are the 3 big things we’re watching in the stock market in the week ahead

April 26, 2026

Funding in AI stocks is a problem and how to solve it

April 26, 2026

Regeneron considers overseas prices for rare hearing loss gene therapy

April 26, 2026

Holmes Island may not fully open until late 2026, says Baker Hughes

April 26, 2026
Leave A Reply Cancel Reply

Our Picks

Newly freed hostages face long road to recovery after two years in captivity

October 15, 2025

Former Kenyan Prime Minister Raila Odinga dies at 80

October 15, 2025

New NATO member offers to buy more US weapons to Ukraine as Western aid dwindles

October 15, 2025

Russia expands drone targeting on Ukraine’s rail network

October 15, 2025
Don't Miss
Entertainment

Cody Funderburk’s wife Alicia gives birth during cancer diagnosis

By adminApril 26, 20260

Dodgers’ Alex Beshear honored his wife Kayla and late daughter Sterling in his first game…

Megan Thee Stallion cries at Moulin Rouge! After Klay Thompson disbanded

April 26, 2026

Jesse Draper latest information, dating after Jordan Natikaula divorce

April 26, 2026

Patrick Swayze’s widow Lisa Niemi reveals more secrets about ‘Dirty Dancing’ sequel

April 26, 2026
About Us
About Us

Welcome to BWE News – your trusted source for timely, reliable, and insightful news from around the globe.

At BWE News, we believe in keeping our readers informed with facts that matter. Our mission is to deliver clear, unbiased, and up-to-date news so you can stay ahead in an ever-changing world.

Our Picks

Philippine officials say two American suspected communist rebels died in clashes with military

April 26, 2026

Could Hugo Carvajal Barrios be a witness in Maduro’s trial?

April 26, 2026

Russia faces a fountain of discontent – ​​and Putin is responding the only way he knows how

April 26, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 bwenews. Designed by bwenews.

Type above and press Enter to search. Press Esc to cancel.