Business & Economics
Trump Invokes Unused 1974 Section 122 to Impose 10-15% Global Tariffs After Supreme Court Defeat
Days after the Supreme Court voided his emergency-powers tariffs, President Trump used Section 122 of the 1974 Trade Act—never before tested in court—to slap a 10 % duty on almost all U.S. imports, pledging to lift it to 15 %.