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Trade Chief, Key Lawmaker Call for Update of U.S. Tariff Tools

  • Tai responds to questions about section 232 of 1962 trade law
  • Senate Finance Committee Chairman Wyden welcomes update idea
Katherine Tai
Katherine TaiPhotographer: Susan Walsh/AP/Bloomberg

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U.S. trade chief Katherine Tai and the top senator overseeing trade policy voiced support for updating the nation’s tariff tools to so officials can avoid applying decades-old laws to current issues.