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Reports indicate that the administration of U.S. President Donald Trump is aiming to build a more sustainable protective system in American trade policy by redesigning tools used to impose tariffs. After the Supreme Court canceled most of the tariffs it had previously imposed, the administration shifted its strategy to utilizing Section 301 of the Trade Act of 1974, which mandates formal investigations based on proper procedures, ensuring greater sustainability and stronger legal protection. So far, the Trump administration has imposed tariffs on 60 economies at rates ranging from 10% to 12.5%, with the goal of combating forced labor in supply chains and generating revenue estimated at around $950 billion by 2036, with projections reaching $1.9 trillion starting from 2025. However, these tariffs have not resulted in a significant reduction in the trade deficit or a broad industrial rebound. Meanwhile, the costs for importers have increased, and much of these costs are passed on to American consumers, adding inflationary pressures and raising the likelihood of retaliatory measures from trading partners such as China.
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