US Edition
4 Articles
4 Articles
The U.S. President insults the Supreme Court and now tries to impose his tariffs in another way. Section 122, 232 or 301 of a more than 50-year-old trade law could help him.
Rome, February 21, 2026 - President Donald Trump made use of Section 122 of the Trade Act of 1974 to introduce new global duties of 15%. The rule in fact allows to circumvent the decision of the US Supreme Court that has rejected the tariffs imposed by the head of the White House to 90 countries on the basis of the International Emergency Powers Act. What is Section 122 of which Trump is used? Section 122 of the Trade Act of 1974 is an emergency…
New Tariff Rate A Further Blow To Business - British Chambers of Commerce
Reacting to the decision by the US President to raise his new tariffs under section 122 of the Trade Act 1974 to 15 per cent, William Bain, Head of Trade Policy at the BCC, said: “The 40,000 UK companies exporting goods to the US will be dismayed at this latest turn of events. We had feared that the President’s Plan B response could be worse for British businesses and so it is proving. “This means an extra 5% increase in tariffs on a wide ran…
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