Trending Now - Trump Administration Initiates Process to Replace Struck Down Tariffs

WHO:

Trump administration

U.S. Trade Representative Jamieson Greer

Supreme Court of the United States

WHAT:

The Trump administration opened a new trade investigation into manufacturing in foreign countries.

The Supreme Court struck down President Trump's previous use of tariffs, declaring an economic emergency.

The administration is seeking to replace hundreds of billions of dollars in lost revenues from the Supreme Court's ruling.

Investigations are being initiated under Section 301 of the Trade Act of 1974, which could lead to new import taxes.

The administration has imposed 10% tariffs on foreign-made goods under Section 122 of the 1974 Trade Act, set to expire after 150 days on July 24, 2026.

Trump plans to raise the import tax to 15%, but has not yet done so.

The investigation will examine excess industrial capacity and government backing that may give foreign companies an unfair advantage.

WHERE:

Washington, D.C.

Entities subject to the investigation include China, the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, South Korea, Vietnam, Taiwan, Bangladesh, Mexico, Japan, and India.

WHEN:

The Supreme Court ruling occurred in February 2026.

The new investigations were announced on Wednesday, March 11th, 2026.

The 150-day deadline for the current tariffs is July 24, 2026.

WHY:

The goal is to protect American jobs and replace lost tariff revenues after the Supreme Court ruling.

The administration aims to address unfair trading practices and persistent trade surpluses with the U.S.

HOW:

The administration is using Section 301 of the Trade Act of 1974 to initiate investigations.

Additional investigations may cover issues such as digital service taxes, pharmaceutical drug pricing, and ocean pollution.

(UPDATED March 12, 2026 13:23 UTC)

In a significant move, the Trump administration has launched a new trade investigation into foreign manufacturing practices following a Supreme Court ruling in February that struck down his previous use of tariffs, declaring an economic emergency. U.S. Trade Representative Jamieson Greer announced that the investigations will focus on unfair advantages held by foreign companies, particularly from countries like China, the European Union, and several others, while the administration seeks to recover hundreds of billions in lost revenues. Currently, a 10% tariff on foreign-made goods is in place, set to expire on July 24, 2026, but Trump is considering raising that to 15% as part of these efforts to protect American jobs and address ongoing trade imbalances.