New Delhi: The United States has launched a fresh trade probe targeting 16 major economies, including India and China, over alleged unfair manufacturing practices that Washington claims are harming American industry. The investigations were announced on March 11 by US Trade Representative Jamieson Greer under Section 301(b) of the Trade Act of 1974. The probe will examine whether the acts, policies and practices of the identified economies relating to “structural excess capacity and production” in manufacturing sectors are unreasonable or discriminatory and whether they burden or restrict US commerce. The investigation will examine acts, policies and practices related to structural…
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