"Today, I will sign an order to impose a 10% global tariff under Section 122, over & above our normal tariffs already being charged," #Trump said referring to section 122 of the Trade Act of 1974 — which could let the admin continue its tariffs without #IEEPA emergency powers.
He also said all “national security” tariffs under Section 301 remain in place & several “investigations” will be initiated.
#law #economy #tariffs #inflation #affordability #CostOfLiving #geopolitics #Trump #SCOTUS