U.S. Industries Divided Over Trump's Tariff Probe on Excess Factory Capacity
The U.S. Trade Representative has initiated a four-day hearing as part of its Section 301 investigation into excess industrial capacity in key trading partners, including China and the EU. Domestic industries are pushing for higher tariffs to counter foreign exports, while import-dependent sectors urge caution.
Topics: excess factory capacity Section 301 investigation tariff probe trade policy