Trump Considers Two-Step Tariffs

“Donald Trump is considering a two-step approach to his new tariff regime, deploying rarely used powers to impose emergency duties while probes into trading partners are completed,” the Financial Times reports.

“The latest mixed message from the president reflected a continued debate within his administration over exactly how Trump will enforce his new tariff regime — and to what end.”

“Among proposals his team has been discussing is a plan to launch so-called Section 301 investigations into trading partners, while simultaneously using rarely invoked emergency powers to apply immediate tariffs in the interim.”