US Trade Representative: May expand the scope of Section 301 as needed

律动BlockBeats
律动BlockBeats|May 30, 2025 12:25
According to BlockBeats, on May 30th, US Trade Representative Greer stated that the scope of Section 301 tariffs could be expanded as needed. Section 301 refers to the entire content of Sections 1301-1310 of the 1988 Comprehensive Trade and Competition Act, which primarily protects the rights of the United States in international trade and retaliates against other countries that are deemed to have "unreasonable" or "unfair" trade practices. According to this provision, the United States may investigate trade practices of other countries that it deems "unfair" and may consult with the governments of the countries concerned, ultimately allowing the President to decide on retaliatory measures such as increasing tariffs, restricting imports, and suspending relevant agreements. (Golden Ten)
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