Trump restarts tariff war: Launches Section 301 investigations against 16 economies in one go

CoinFeed reported on March 12 that, according to Jinshi, the Trump administration has launched the first of several large-scale trade investigations, paving the way for new tariffs and a core move aimed at replacing tariffs overturned by the U.S. Supreme Court. U.S. Trade Representative Jamieson Greer announced on Wednesday that his office will launch investigations into 16 major economies under Section 301 of the Trade Act, focusing on so-called "overcapacity." These investigations, which typically take months to complete, are a necessary prerequisite for President Trump to unilaterally impose tariffs on imports from specific countries deemed to have engaged in unfair trade practices.