economy
February 24, 2026
Trump's Section 122 Tariffs Could Spur New Legal Battle, Experts Say
Updated on: February 23, 2026 / 5:55 PM EST / CBS News
TL;DR
- President Trump's use of Section 122 of the Trade Act of 1974 to impose a 15% global tariff is unprecedented.
- Trade experts suggest this move could face legal challenges because Section 122 is intended for balance-of-payments crises, not trade deficits.
- The tariffs imposed under Section 122 are temporary, lasting only 150 days, and require Congressional approval for extension.
- This action adds uncertainty for businesses, potentially hindering investment and impacting economic growth.
- The administration may be using Section 122 as a temporary measure before implementing more durable tariffs under other laws.
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