Tag Archives: Section 122 of the Trade Act of 1974

A federal trade court ruled Thursday that President Donald Trump exceeded his legal authority when he imposed a new round of 10% global tariffs earlier this year, dealing another major blow to the administration’s aggressive trade agenda. In a 2-1 decision, a three-judge panel on the United States Court of …

President Donald Trump signed a proclamation Friday night imposing a new 10% tariff on most foreign imports to the United States, moving swiftly to revive his trade agenda just hours after the U.S. Supreme Court struck down an earlier set of sweeping tariffs. The new tariffs will take effect Monday …