Brendan Murray

We're really in a transition phase between these temporary tariffs that were put in place after he lost the Supreme Court case.

Those expire at the end of July.

And so what the administration is doing now is they are rolling out

They have to go through these investigations, determine whether countries had unfair trade practices against the U.S.

And they're announcing these proposals that will put tariffs on many of the U.S.

's largest trading partners.

The existing one that's currently 10% on most goods into the U.S.

expires in about six weeks.

So we're seeing these 301 investigations kind of trickle out here.

There's another one that's coming in the next week or two on industrial overcapacity, which mainly means China.

What it means ultimately is the tariff compliance regime is going to get a whole lot more complicated.

Again, you have these other investigations, 232s into steel and autos layered on top of these.

So it's going to get very difficult for companies that import into the U.S.

to try to comply with these tariffs.

The existing one that's currently 10% on most goods into the U.S.

expires in about six weeks.

So we're seeing these 301 investigations kind of trickle out here.

There's another one that's coming in the next week or two on industrial overcapacity, which mainly means China.

What's happening is the administration is trying to position its next alternative.

authority to use tariffs because the existing one that's currently 10 percent on most goods into the U.S.