Asia scrambles to respond to Trump’s sweeping Section 301 trade probes, which could pave the way for new tariffs

After the U.S. Supreme Court struck down much of President Donald Trump’s tariff regime in February, he threatened to use other legal powers to reimpose import duties on the rest of the world. The world got the first indication of how sweeping those measures would be last week, when the U.S. opened two trade investigations on dozens of countries. Together, the two Section 301 probes—the first on “excess manufacturing capacity,” the second on not doing enough to stop the import of goods made using forced labor—cover 60 different economies...