US industries, trade groups split over Trump’s tariff probe on excess factory capacity
[WASHINGTON] Domestic US industries are urging the Trump administration this week to impose higher tariffs to curb the rising tide of exports from China and other countries with excess factory capacity, while import-dependent and agriculture groups want a more cautious approach to new trade curbs. The US Trade Representative's (USTR) office on Tuesday (May 5) launched a marathon, four-day hearing…
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