The U.S. Trade Representative's office will release findings from trade investigations into over 70 countries, including South Korea, China, and Japan, in the coming weeks. These probes, under Section 301, target unfair trade practices and forced labor, potentially leading to new tariffs.
The US proposes a 25% tariff on many Brazilian imports, targeting digital trade, IP, ethanol access, and deforestation. This follows an investigation into unfair trade practices, partially replacing a previously struck-down 50% tariff.
China urged the United States to drop its latest Section 301 investigations into alleged excess capacity, calling the probe legally flawed at a Washington hearing just days before a planned summit between Donald Trump and Xi Jinping. “[It] lacks sufficient statutory basis and supporting evidence” and “circumvents several established multilateral mechanisms”, Michelle Zang, speaking on behalf of the China Chamber of International Commerce (CCOIC), a state-backed trade body, told the hearing. The...
