"If we need to impose tariffs to help solve this we will. There is not a lot of controversy that these issues need to be addressed. Countries, including those that signed trade frameworks with the U.S., should not be surprised by the investigations."
"The U.S. Office of the Trade Representative is investigating countries that exhibit signs of excess manufacturing capacity. That might include nations that export more goods than they produce or promote production of exports that are untethered from global demand."
"A separate investigation will examine how countries address forced labor issues, including whether a respective nation's policies ban goods manufactured with forced labor. The investigations will be enacted under Section 301 of the Trade Act of 1974."
The Trump administration is conducting investigations into countries exhibiting excess manufacturing capacity and forced labor issues, covering nations including China, the European Union, Mexico, Japan, and India. Trade official Jamieson Greer stated the administration is not pre-judging outcomes but feels strongly about addressing these issues, with tariffs possible if needed. The investigations examine whether countries export more goods than they produce or promote exports disconnected from global demand. A separate investigation into forced labor policies will begin soon. These investigations operate under Section 301 of the Trade Act of 1974, following a recent Supreme Court decision. The administration aims to conclude investigations before the current global 10% tariff expires in July.
Read at Axios
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