The Trump administration has initiated a trade investigation, likely resulting in new tariffs on global trading partners. The investigations focus on countries displaying signs of excess manufacturing capacity, including those that export more goods than they produce or promote exports that are untethered from global demand. The White House hopes these investigations will conclude before the global 10% tariff, which was intended to replace illegal tariffs, expires in July. A separate investigation will examine countries' policies on forced labor, including whether these policies affect goods manufactured with forced labor. The investigation is part of a broader effort to maintain the White House's global trade policy after the Supreme Court overturned the majority of tariffs enacted over the first year of Trump's second term.