US Launches Section 301 Investigations Targeting Trade Practices of Major Partners

The US administration under President Donald Trump has initiated investigations under Section 301 of the Trade Act of 1974 against multiple trading partners, including India, China, Japan, South Korea, and the EU. These probes target alleged unfair trade practices such as structural excess capacity in manufacturing, aiming to justify tariffs or restrictions to protect US businesses. While India seeks closer economic ties with the US, longstanding concerns over tariffs and market access persist, reflecting broader tensions in global trade relations.