India Among 16 Trading Partners In New US Trade Investigation, Donald Trump Orders ‘Section 301’ Probe – New Tariffs On Indian Goods Coming Next?

10 U.S. President Donald Trump’s administration on Wednesday said it was launching two new trade investigations into excess industrial capacity in 16 major trading partners and into forced labor, to rebuild tariff pressure after the U.S. Supreme Court tore downmuch of Trump’s tariff program last month. U.S. Trade Representative Jamieson Greer said that the “Section 301” unfair trade practices investigation could lead to new tariffs imposed against China, the European Union, India, Japan, South Korea and Mexico by this summer. Other trading partners subject to the excess capacity probe include Taiwan, Vietnam, Thailand, Malaysia, Cambodia, Singapore, Indonesia, Bangladesh, Switzerland and…