Xinhua: U.S. tariffs 'expire but never leave' via Section 301 swap

Summary

A July 21 Xinhua analysis says the U.S. is swapping legal bases to keep tariffs in place: the Supreme Court struck down IEEPA 'reciprocal' tariffs, so Washington used Section 122's 150-day 10% global tariff (expiring July 24) and now pivots to Section 301 'forced-labor' duties of 10%-12.5% on 60 economies - covering 99.4% of U.S. imports.