America launched investigations into several of its trading partners, including the EU, China, Japan and India. The probes will examine their alleged “excess capacity and production in manufacturing sectors”, but are seen as a precursor for the Trump administration to raise new duties on imports. America’s Supreme Court struck down Mr Trump’s tariffs last month, but he vowed to reimpose them.
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America launched investigations into several of its trading partners, including the EU, China, Japan and India. The probes will examine their alleged “excess capacity and production in manufacturing sectors”, but are seen as a precursor for the Trump administration to raise new duties on imports. America’s Supreme Court struck down Mr Trump’s tariffs last month, but he vowed to reimpose them.