Trump’s Section 122 Tariffs Disputed in Court
Lawyers for the plaintiffs in the slate of 24 lawsuits opposing Pres. Trump’s 10% Section 122 tariffs argued that the law was crafted for 1970s monetary issues and not applicable to current trade deficits during a hearing before the U.S. Court of International Trade. Brian Marshall, representing the Oregon AG’s office, asked the judges to block the tariffs rather than allow them to sunset at the end of their 150-day window. Section 122 under the Trade Act of 1974 allows for duties up to 15% within that window to fix serious ... Log in to view full article.