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Excess Capacity

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US Opens Fresh Trade Probes to Rebuild Tariffs After Court Ruling
business4 hours ago

US Opens Fresh Trade Probes to Rebuild Tariffs After Court Ruling

The Trump administration plans to announce new Section 301 investigations into foreign practices it says unfair, led by the U.S. Trade Representative, with the aim of reviving tariffs struck down by the Supreme Court. The probes will examine issues such as excess capacity, forced labor, and digital services taxes, and will require consultations with foreign governments before any tariffs could be imposed, potentially affecting multiple countries.