President Trump Rebuilds Tariff Strategy Using Section 301 of Trade Act
President Trump is pursuing a new wave of tariffs through Section 301 of the Trade Act of 1974, targeting 60 countries over forced labor concerns. The proposed tariffs range from 10% to 12.5%, affecting major trading partners like China, Brazil, Japan, and India. This approach follows legal setbacks, including a Supreme Court ruling against using emergency powers for tariffs. The tariffs are in a public comment period until July 6, with hearings scheduled for July 7. The administration aims to address forced labor issues and create a fair competitive environment for American workers.