Media in the U.S.: The U.S. is about to launch a "trade investigation" targeting major trading countries including China
The official website of NBC News reported on March 12: The Trump administration announced on Wednesday that it would launch a wave of investigations related to tariffs against dozens of U.S. trade partners, marking the next phase of President Trump's comprehensive global trade war.
The report said that in the process that may trigger a new round of tariffs, the Office of the U.S. Trade Representative is launching formal investigations against major trading partners including the EU, Mexico and China, which are among the top five sources of imports for the United States.
Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, South Korea, Vietnam, Taiwan (region), Bangladesh, Japan and India will also become targets of investigations under the 301 trade regulations.
The report said that U.S. Trade Representative Jamieson Greer stated during a phone call with reporters on Wednesday, "These investigations will focus on economies where we have evidence of structural overcapacity and excess production in various manufacturing sectors, such as through large and sustained trade surpluses or underutilized or idle capacity," "We expect this investigation to reveal various unfair trade practices," added Greer.
The report said that Greer also stated that the U.S. would launch investigations related to imported goods involving "forced labor" in a second announcement to be released over the weekend.
The report said that the trade partners mentioned in the new action on Wednesday are expected to strongly protest the latest measures by the Trump administration, especially since many of these countries have reached framework trade agreements with the U.S. in the past year.
The original title of the report is "Trump launches the next phase of his trade war with new investigations of key partners" (Trump launches new investigations of key partners, starting the next phase of the trade war).
Original article: toutiao.com/article/1859419684084745/
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