Trump’s new tariffs will put America’s rivals on notice

Trump’s new tariffs will put America’s rivals on notice


Though the Trump administration has faced a series of legal setbacks on tariffs, it seems to have found a solution. After the Supreme Court ruled that the administration’s reciprocal tariffs were wrongfully imposed, the president immediately leapt to Plan B: Section 122 tariffs, which allow the temporary placement of global tariffs.

But these tariffs — derived from the Trade Act of 1974, which Trump used to install a 10% levy on most imported goods — expire in just over two months, and a court has ruled them unlawful. Although that case is still working through the system, the administration is already planning to replace Section 122 tariffs with Section 301 tariffs. These, too, stem from the Trade Act, but unlike the previous tariffs, they will be

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