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US Launches Trade Probe, New Tariffs Possible by Summer

3/12/2026

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Story summary
  • The Trump administration initiated an investigation into alleged unfair trade practices by India and 15 other countries due to concerns over manufacturing excess capacity.
  • US Trade Representative Jamieson Greer indicated that this investigation could result in new tariffs by summer 2023.
  • This action follows a Supreme Court ruling that invalidated most global tariffs imposed by Trump.
  • Greer also announced a separate investigation into goods produced with forced labor in approximately 60 countries.
  • Public comments on the excess capacity investigation will be accepted until April 15, 2023, with a hearing set for May 5, 2023.