Section 122 of the Trade Act of 1974
Coverage of Section 122 of the Trade Act of 1974 in the Nexus archive.
- Appeals court says U.S. government can keep collecting 10% tariffs for now
A U.S. federal court ruled that the government can continue collecting 10% worldwide tariffs while legal challenges proceed. The tariffs, imposed under Section 122 of the Trade Act of 1974, are set to expire on July 24. A separate court previously found the tariffs illegal, but the Trump administration secured a procedural victory.
- Court poised to block Trump tariffs again, teeing up new fight
The Court of International Trade showed skepticism toward Trump's use of Section 122 of the Trade Act of 1974 to justify 10% global tariffs, questioning whether long-term trade deficits qualify as the 'large and serious' balance-of-payments crises Congress intended. Legal challenges persist as the court debates the scope of presidential authority under the statute, with implications for Trump's broader trade policies.
- Federal court hears new case against Trump’s latest global tariffs
A federal court is reviewing challenges to President Donald Trump's temporary global tariffs, which were imposed under Section 122 of the Trade Act of 1974 after the Supreme Court invalidated his initial IEEPA-based tariffs. The case centers on whether Section 122 authorizes tariffs to address trade deficits, with the tariffs set to expire in July 2026.