United States Trade Representative (USTR) Jamieson Greer announced Wednesday the Trump Administration is initiating probes targeting China, the EU, Mexico, and more than a dozen other countries, associated with “structural excess capacity,” or the overproduction of goods that exceed global demand, as part of Section 301 of The Trade Act of 1974. Section 301 is one of the tools the president has turned to after the Supreme Court struck down his sweeping tariffs implemented under IEEPA. The law arms the president with the power to impose country-specific tariffs on countries; the U.S. deems to have engaged in unfair labor practices.
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