US Treasury Secretary: 301 Investigation to be Launched, Trump Tariffs Could Return to Original Levels as Early as July

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US Treasury Secretary Scott Bessent stated that tariffs previously imposed by former President Trump, which were ruled unconstitutional by the Federal Supreme Court, could return to their original levels as early as July. This is expected to be achieved by launching or enforcing Section 301 investigations. Bessent emphasized that the authority of Section 301 has been validated by the courts, and businesses can consider this when planning capital expenditures. While the economic impact of the Middle East situation remains uncertain, the US economy is still robust, with a potential economic growth rate exceeding 3% to 3.5% this year.