Trump to impose 10% global tariffs after Supreme Court overturns country-specific tariffs

US President Donald Trump announced he would sign an order on Feb. 20 to impose a 10% stackable global tariff following the Supreme Court’s decision to overturn his administration’s country-specific tariffs. These tariffs will be imposed under Section 122 of the Trade Act of 1974, which authorizes a president to impose temporary tariffs of up to 15% for 150 days. At the end of that time, CongressUS President Donald Trump announced he would sign an order on Feb. 20 to impose a 10% stackable global tariff following the Supreme Court’s decision to overturn his administration’s country-specific tariffs. These tariffs will be imposed under Section 122 of the Trade Act of 1974, which authorizes a president to impose temporary tariffs of up to 15% for 150 days. At the end of that time, CongressRead More