What does the phrase “section 301 action” mean?
The phrase “Section 301 action” refers to Sections 301 of the 1974 Act. This Act is a non-military weapon available to United States government to influence the behavior of a foreign government and to retaliate against the behavior of a foreign government with respect to a particular trade position undertaken by a foreign government that is seen as unfair to American exporters competing in that country with local producers.
