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“If the companies are going to get this windfall, they should pass it along to their workers as a bonus or a raise, because that’s the purpose of the program. It’s always been the purpose of the program. And the American people should get it, and the company should give it to their workers.”
Treasury Secretary Scott Bessent has said he expected tariffs to return by August to the levels seen before the Supreme Court decision, as the Trump administration uses a range of other authorities to impose duties on imports.
On Wednesday and Thursday, Greer’s office opened trade investigations in a total of nearly 80 countries and economies under Section 301 of the Trade Act of 1974. Among those under investigation are China, Japan, India, Mexico, and the European Union.
Section 301 allows the United States to tariff imports from nations found to have engaged in unfair trade practices.
Trump invoked Section 122 of the Trade Act to impose global tariffs of 10% on imports. Those tariffs last for only 150 days unless Congress approves an extension.
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