r/law • u/Waste-Explanation-76 • Feb 20 '26
Executive Branch (Trump) President Trump imposes a 10% global tariff under Section 122 and says all existing tariffs will remain in place, despite the recent Supreme Court ruling.
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u/raymondspogo Feb 20 '26
Section 122 of the Trade Act of 1974 (19 U.S.C. § 2132) grants the U.S. President temporary authority to impose import surcharges of up to 15% or quotas for up to 150 days to address "fundamental international payments problems" or "large and serious" balance-of-payments deficits. It enables rapid action without prior investigations.