# Trade Act of 1974
Latest news and articles about Trade Act of 1974
Total: 2 articles found
Business
Section 122 Stumble: Why Trump’s Global Tariff Pivot Failed the Legal Test
The U.S. Court of International Trade has ruled that Trump's 10% global tariffs under Section 122 are legally invalid, potentially triggering billions in refunds. The court found that the administration improperly used trade deficit figures to justify a 'balance-of-payments' emergency while violating non-discrimination requirements.
SoBiz2026年5月9日 03:53
#Trump#Tariffs#Section 122
Politics
Judicial Checkmate: U.S. Trade Court Strikes Down Trump’s 10% Global Tariff
A U.S. trade court has nullified a 10% global tariff, ruling that the Trump administration’s use of the 1974 Trade Act was legally unjustified. The decision marks a major setback for the White House's attempts to bypass prior judicial restrictions on its protectionist trade policies.
SoBiz2026年5月8日 01:53
#Trade War#Tariffs#Donald Trump