President Donald Trump signed an executive order imposing a 10% global tariff on foreign goods, effective Feb. 24 at 12:01 a.m. Washington time.
The tariff is implemented under Section 122 of the Trade Act of 1974, which grants the president unilateral ability to impose tariffs, but puts a 150-day limit on how long the duties can remain in place.
The Supreme Court earlier ruled that Trump’s use of a federal emergency-powers law to impose “reciprocal” tariffs was unlawful, invalidating those tariffs and casting doubt on separate tariffs placed on goods from Brazil and India.
#politics #trump #supremecourt #worldnews #us
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