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Section 301
Section 301 of the U.S. Trade Act of 1974 authorizes the President to take action against foreign governments that violate trade agreements, have unjustified or unreasonable policies, or engage in discriminatory practices that burden or restrict U.S. commerce. The United States Trade Representative (USTR) can initiate investigations on their own or in response to petitions from firms or industry groups, and must seek to negotiate a settlement with the foreign country. If negotiations fail, the USTR can request formal dispute proceedings through the World Trade Organization or other trade agreements, and impose unilateral trade sanctions, such as tariffs or revocation of trade preferences. This law has been used to enforce intellectual property rights, and has been a key tool in recent trade disputes, including the 2018 China-US trade dispute.learn more on wikipedia
perspectives
- 1.US Foreign Policy
- 2.US under Donald Trump
- 3.Chinese Foreign Policy
- 4.US-China Relations
- 5.Immigration to the US
- 6.China under Xi Jinping
- 7.US Economy
- 8.China Claims in South China Sea
- 9.Inflation
- 10.Trade Agreement
- 11.World Economy
- 12.Political status of Taiwan
countries
- 1.Canada
- 2.United States
- 3.Russian Federation
- 4.Korea, Republic of
- 5.Japan
- 6.China
- 7.Israel
- 8.India
- 9.Philippines
- 10.Serbia
- 11.Taiwan, Province of China
- 12.Ukraine
organizations
- 1.White House
- 2.North Atlantic Treaty Organisation
- 3.Republican Party
- 4.European Union
- 5.European Commission
- 6.US Internal Revenue Service
- 7.US Department of Commerce
- 8.US Census Bureau
- 9.United Steelworkers
- 10.United Auto Workers
- 11.Tesla
- 12.Polestar
persons
- 1.Donald Trump
- 2.Joe Biden
- 3.Xi Jinping
- 4.Janet Yellen
- 5.Ursula Von Der Leyen
- 6.James David Vance
- 7.Marco Rubio
- 8.Michael Waltz
- 9.Wang Wenbin
- 10.Sherrod Brown
- 11.Adrian Smith
- 12.Elon Musk
technicals
- 1.Trade Act
- 2.Covid-19 Pandemic
- 3.White House Rose Garden
- 4.US Inflation Reduction Act
- 5.US CHIPS and Science Act
- 6.United States–Mexico–Canada Agreement
- 7.Lotus
- 8.Belt and Road Initiative
- 9.Comprehensive and Progressive Agreement for Trans-Pacific Partnership
- 10.Global South
- 11.Trade Act of 1974
- 12.Oval Office