By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. In an aerial view, boats are docked at Dinner Key Marina as the city skyline is seen in the background on July 21, 2026 in Miami, Florida. /VCG Editor's note: He Weiwen is a senior fellow at the Center for China and Globalization, CCG. The article reflects the author's opinions and not necessarily the views of CGTN. The US Trade Representative Jamieson Greer announced on July 23 a sweeping 301 tariff of 10-12.5% on around 60 economies, replacing the Section 122 tariff that expires on July 24. This seamless tariff relay proves again that the Trump administration relies heavily on tariffs as a core economic tool. As Section 122 was the continuation of reciprocal tariffs by other means, the new 301 tariff is also a continuation of the Section 122 tariff by other means. The 301 tariff is a total farce. The US 1974 Trade Expansion Act Section 301 authorizes the USTR to probe into a certain trading partner to find if any discriminatory trade policy is pursued at the cost of American business or families.
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