Understanding the Tariff Policy of the USA: Section 232, 301, and 201 Tariffs Explained
The United States' tariff policy has shaped international trade relations, especially through the implementatiimplementingon of several powerful tariff programs: Section 232 tariffs on steel and aluminum for national security, Section 301 tariffs on Chinese products, and Section 201 tariffs addressing market disruption caused by specific imports. These tariffs have significantly impacted both U.S. and foreign businesses and continue to influence global supply chains.
In this blog, we’ll delve into each of these tariffs, explore their implications, and offer strategies for businesses navigating these policies.