US President Donald Trump on Friday unveiled a
temporary 10% global tariff set to last 150 days, replacing emergency trade
duties recently struck down by the Supreme Court of the United States.
Trump said the new measure would be implemented under
Section 122 of the Trade Act of 1974 and would apply in addition to existing
tariffs. Section 122 allows the president to impose duties of up to 15% for 150
days to address significant balance-of-payments issues, without the lengthy
investigations or procedural hurdles normally required.
The move follows the Supreme Court’s decision
invalidating Trump’s previous global tariffs issued under the International
Emergency Economic Powers Act, ruling that the president had exceeded his
authority under that statute.
Speaking at a White House briefing alongside Commerce
Secretary Howard Lutnick, Trade Representative Jamieson Greer, and Solicitor
General D. John Sauer, Trump expressed confidence in alternative legal
pathways. “We have alternatives, great alternatives. We’ll take in more money
and we’ll be a lot stronger for it,” he said.
In addition, Trump announced the launch of multiple
Section 301 investigations targeting what he described as unfair trade
practices by foreign governments and companies. Unlike the new Section 122
tariff, these investigations can take months to conclude.
The announcement underscores the administration’s
determination to maintain its aggressive trade policy agenda despite the
Supreme Court ruling.
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