alt Hacker NewsI thought those were on very solid ground commonly used by past administrations?
Replies
loeg • today at 1:25 AM
Section 122 is only supposed to be applied to address balance of payments deficits, which are essentially zero with floating currency exchange rates (since the 70s). They're also limited to 15% and 150 days. (Judges will not look favorably on Trump trying to just restart the same tariff for another 150 days after the first expire.)
Section 122 has rarely been used. State AGs announced lawsuits today: https://www.cnbc.com/2026/03/05/trump-tariffs-state-ags-sue-...