News Snapshot:
Claude Barfield Section 301 of the Trade Act of 1974 authorizes the Office of the US Trade Representative (USTR) to investigate unfair trade practices that hurt US businesses and workers and institute a range of retaliatory measures, including but not limited to tariffs. Thus far, Section 301 has proved a toothless tiger against the most urgent target: China’s predatory state capitalism. To review, though unilateral actions were restricted under the new regime of the World Trade Organization (WTO) from 1995 onward, both the Trump and Biden administrations have defended Section 301 actions, arguing that WTO rules fail to rein in...
