Site icon Todd K Marsha

Is Trump Working On A ‘Liberation Day’ Part Two?

Is Trump Working On A ‘Liberation Day’ Part Two?

<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<p> <br &sol;>&NewLine;<&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400">While President Donald Trump lost his sweeping tariffs after the Supreme Court ruled against his use of the International Emergency Economic Powers Act &lpar;IEEPA&rpar;&comma; United States Trade Representative Jamieson Greer said on Tuesday that tariffs are far from over&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400">&OpenCurlyDoubleQuote;What we are doing now is we have investigations ongoing in my office and we are investigating specific unfair trading practices&comma;” Greer <&sol;span><a href&equals;"https&colon;&sol;&sol;www&period;cnbc&period;com&sol;video&sol;2026&sol;06&sol;02&sol;u-s-trade-rep-greer-were-investigating-specific-unfair-trade-practices-by-different-countries&period;html"><span style&equals;"font-weight&colon; 400">told<&sol;span><&sol;a><span style&equals;"font-weight&colon; 400"> CNBC&period; &OpenCurlyDoubleQuote;You will see over the next few weeks&comma; we will be releasing our findings&period; We are covering a lot of countries&comma; over 70 countries&period; If we find unfair trading practices — structural excess capacity&comma; forced labor&comma; things like this — we will put out proposals on how we think we should fix it and that may be proposed tariffs&period;” <&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400">Trump initially relied on IEEPA because it allowed him to impose broad tariffs quickly without the lengthy investigative processes required under traditional trade laws&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400">&OpenCurlyDoubleQuote;When the president used his emergency authority he was able to move very quickly to get at this issue&comma; get a lot of leverage&comma; and impose tariffs&comma;” Greer explained&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400">After the Supreme Court blocked Trump&&num;8217&semi;s use of IEEPA earlier this year&comma; the administration turned to Section 122 and implemented a temporary 10&percnt; tariff on February 24&period; But unlike the tariffs announced on &&num;8220&semi;Liberation Day&&num;8221&semi; in April 2025&comma; Section 122 tariffs are temporary by law and were later struck down by the U&period;S&period; Court of International Trade&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400">With those options curtailed&comma; the administration has shifted its focus to Sections 301 and 232&colon; the two principal trade authorities that require the involvement of Greer and Commerce Secretary Howard Lutnick&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400">Greer said the results of his Section 301 investigations would be released in the coming weeks&comma; which could introduce new tariffs across the world&period; Under Section 301&comma; the Office of the United States Trade Representative investigates whether foreign countries are engaging in unfair trade practices&comma; gathers evidence&comma; solicits public comments&comma; and holds hearings before recommending tariffs or other trade restrictions&period; <&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400">That is the same authority Trump used to impose tariffs on China during his first term&period; Those tariffs survived legal challenges&comma; but investigations typically take between three and nine months to complete&comma; making them slower and less useful as an immediate negotiating tool than emergency tariff authorities&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400">Lutnick&comma; like Greer&comma; can also launch investigations&comma; not into unfair trade practices&comma; but into industries that are crucial to national security&period; Unlike Greer’s Section 301 investigations&comma; which focus on unfair trade practices&comma; Lutnick’s Section 232 investigations examine whether imports threaten industries deemed critical to national security&period; Those investigations allowed Trump to impose tariffs if the Commerce Department determines that a strategic industry is vulnerable because of import dependence&period; <&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon; 400">The department began launching Section 232 investigations just weeks after Trump returned to office&period; Global Trade Alert <&sol;span><a href&equals;"https&colon;&sol;&sol;globaltradealert&period;org&sol;blog&sol;s232-expanding-when-ieepa-fell"><span style&equals;"font-weight&colon; 400">observed<&sol;span><&sol;a><span style&equals;"font-weight&colon; 400"> that Section 232 &OpenCurlyDoubleQuote;had never stopped expanding” and noted that the administration had launched&comma; relaunched&comma; or expanded roughly 20 actions from the section before the Supreme Court ruled against Trump&&num;8217&semi;s IEEPA tariffs&comma; suggesting the White House was already building alternative pathways for trade restrictions&period;<&sol;span><&sol;p>&NewLine;<p>The pathway no longer available is Trump&&num;8217&semi;s ability to wield tariffs during negotiations&period;<&sol;p>&NewLine;<p>In January&comma; he threatened to impose tariffs on countries that do business with Iran&comma; citing the country’s repression of protesters&comma; support for proxy terrorist groups&comma; and continued pursuit of nuclear capabilities&period; In negotiations with China&comma; Trump warned that tariffs would increase if China continued withholding rare earth minerals from the United States&period; Rare earth minerals are vital for products ranging from household appliances and automobiles to semiconductors for artificial intelligence chips&period;<&sol;p>&NewLine;<p>The delay in collecting additional tariff revenue could raise budget concerns&comma; with Trump repeatedly claiming that tariffs would help fund the extension of his 2017 tax cuts in the &&num;8220&semi;Big Beautiful Bill&period;&&num;8221&semi;<&sol;p>&NewLine;<p><br &sol;>&NewLine;<br &sol;><a href&equals;"https&colon;&sol;&sol;www&period;dailywire&period;com&sol;news&sol;is-trump-working-on-a-liberation-day-part-two">Source link <&sol;a><&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER --><&sol;p>&NewLine;

Exit mobile version