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Tump administration launches new trade probe to pave way for tariffs

The Trump Administration has launched a new trade investigation under Section 301 of the Trade Act of 1974 to examine foreign manufacturing practices and potential unfair trade advantages after the Supreme Court of the United States struck down earlier tariffs

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Donald Trump. Pic/AFP

Donald Trump. Pic/AFP

The Trump administration on Wednesday opened a new trade investigation into manufacturing in foreign countries - an effort that comes after the Supreme Court struck down President Donald Trump's previous use of tariffs by declaring an economic emergency. Trump and his team have made clear that they're seeking to replace the hundreds of billions of dollars in lost revenues after the Supreme Court's February ruling by using different laws to establish new tariffs.

In this case, the administration is starting investigations under Section 301 of the Trade Act of 1974, which could eventually lead to new import taxes. But US Trade Representative Jamieson Greer, in a Wednesday call with reporters, said he didn't want to prejudge the outcome of the process. "The policy remains the same - the tools may change depending on, you know, the vagaries of courts and other things," said Greer, stressing that the goal was to protect American jobs.

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