Trump administration launches unfair-trade probes in bid to rebuild tariff pressure

The U.S. administration launched two trade investigations targeting excess industrial capacity and forced labor in dozens of countries, signaling a revival of tariff pressure after the Supreme Court last month struck down much of the prior tariff program. Outcomes could include new tariffs or trade remedies that materially affect industrial exporters and global supply chains (notably steel, aluminum, textiles and other manufacturing inputs); monitor affected sectors and companies with significant offshore sourcing.

Analysis

The U.S. administration launched two trade investigations targeting excess industrial capacity and forced labor in dozens of countries, signaling a revival of tariff pressure after the Supreme Court last month struck down much of the prior tariff program. Outcomes could include new tariffs or trade remedies that materially affect industrial exporters and global supply chains (notably steel, aluminum, textiles and other manufacturing inputs); monitor affected sectors and companies with significant offshore sourcing.