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The United States will initiate Section 301 investigations against 16 trading partners.
On March 12, People’s Financial News reported that on March 11 local time, U.S. Trade Representative Katherine Tai announced that the United States will initiate Section 301 investigations against 16 trading partners, including China, the European Union, Mexico, Vietnam, India, and Japan. The so-called “Section 301 investigation” originates from Section 301 of the U.S. Trade Act of 1974. This provision authorizes the U.S. Trade Representative to investigate “unreasonable or unfair trade practices” of other countries and recommend unilateral sanctions by the U.S. President after the investigation. This investigation is initiated, conducted, adjudicated, and enforced by the United States itself, reflecting a strong unilateralist stance. (CCTV International News)