Trump launching new trade investigations that could bring tariffs

President Trump is preparing to launch new trade investigations that could bring additional tariffs after the Supreme Court struck down his use of emergency powers to unfurl “reciprocal” and “fentanyl” levies.

Trump will use Section 301 of the Trade Act of 1974 to probe whether major trading partners have policies that either discriminate against US goods or violate trade agreements.

The reviews, expected to take months to complete, could allow for a more durable resurrection of Trump’s “reciprocal” tariffs, while giving partners like Japan, South Korea and the European Union incentive to ratify pending trade pacts negotiated last year.

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