alt Hacker NewsIn response, POTUS just declared a global 10% tariff. Does anyone understand if this is legal?
https://www.reuters.com/world/china/trump-orders-temporary-1...
Replies
morkalork • today at 8:43 PM
Aw shucks, I guess we'll have to wait another year to find out won't we?
➕ show 1 reply
Offhand, yes, this looks legal, under section 22 of the Trade Act of 1974. Such tariffs, however, are limited to 150 days and a maximum rate of 15%.