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Last Updated:July 25, 2026, 12:47 AM IST Trump said he would “immediately initiate a 301 Investigation” into what he called the EU’s practice of “ROBBING” US firms. US President Donald Trump. (Image source: Reuters) US President Donald Trump on Friday threatened to impose tariffs on the European Union and launch a formal trade investigation after…
America’s Donald Trump administration has started a new investigation under ‘Section 301’ against 16 of its major trading partners, including India and China. ‘Section 301’ gives America the power to unilaterally increase taxes on countries that are causing losses to its companies. After the US Supreme Court ruled President Trump’s tariffs illegal last month, the…
America’s Donald Trump administration has started a new investigation under ‘Section 301’ against 16 of its major trading partners, including India and China. ‘Section 301’ gives America the power to unilaterally increase taxes on countries that are causing losses to its companies. After the US Supreme Court ruled President Trump’s tariffs illegal last month, the…
Last Updated:March 04, 2026, 8:00 PM IST Scott Bessent said the Trump administration could raise the universal tariff to 15% this week, with previous tariff regimes expected to return within five months. The US Treasury Secretary said Washington may soon increase the universal import tariff to 15%, while officials explore legal routes to restore earlier…