In America, Donald Trump administration has started a new investigation against 16 major trading partner countries including India, China and Bangladesh. This investigation is being conducted under America’s Trade Act Section 301 (Trade Act 1974). Under this law, America can increase tariff i.e. import tax on any country. This step has been taken when last…
The Donald Trump administration said on Wednesday that it is launching two new trade investigations: one into excess industrial capacity among 16 major trading partners, including India, and another into forced labor practices, according to a Reuters report. The move aims to rebuild tariff pressure after the US Supreme Court struck down much of Trump’s…
US Trade Investigation: In America, the Donald Trump administration has started a new trade investigation into industrial production abroad. This investigation started on Wednesday. According to reports, this step was taken when the US Supreme Court canceled the old import duty imposed by Trump citing economic emergency. In this new investigation, 16 big economies including…
