301 PROBE (UNITED STATES)

July 13, 2019

Deputy U.S. Trade Representative (USTR) said that the U.S. will consider a “301 investigation” against India if the trade issues between the two countries are not resolved quickly.

About:

“301 investigation” is a probe employed as a precursor to tariffs and other trade measures against a country. A Special 301 Report is prepared annually by the USTR and is different from a 301 investigation.
Section 301 of the U.S. Trade Act (1974) was also used to authorise a 2017 probe that resulted in tariffs on Chinese exports to the U.S. from July 2018. Earlier this week, the USTR announced a 301 probe against France on a digital services tax.

Source : The Hindu

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