After the Supreme Court invalidated tariffs that the US had imposed using an emergency powers statute, the Trump administration swiftly invoked a different law, Section 122 of the Trade Act of 1974, ...

The US has turned to Section 122 of the Trade Act to levy 15% tariff on global imports after its Supreme Court struck down the reciprocal duties that invoked the national economic emergency law.

President Trump's move to invoke an obscure legal tool to impose a global 15% tariff on U.S. imports could face its own legal challenges, trade experts told CBS News. The White House said in a fact ...

On Friday evening, in response to the Supreme Court decision (see our earlier advisory), President Trump issued three legally binding actions, including the removal of the existing IEEPA tariffs and ...

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Section 122 is a part of the Trade Act of 1974. US President Donald Trump has raised US import tariffs from 10 per cent to 15 per cent, the highest level allowed under a rarely used law called Section ...

Section 122 of the Trade Act of 1974 allows the US President to impose tariffs of up to 15% on a country to address "a large and serious United States balance-of-payments deficit." Trending Photos US ...

US President Donald Trump said on Saturday he will increase the global 10 percent tariff he announced one day ago to 15 percent. Trump imposed global tariffs on countries in reaction to the US Supreme ...

The Supreme Court of the United States struck down President Donald Trump’s tariffs that were imposed using the International Emergency Economic Powers Act (IEEPA) on Friday. Within hours of the ...

Within hours of the Supreme Court's decision striking down his massive IEEPA tariffs in our case challenging them, Donald Trump issued an executive proclamation invoking Section 122 of the Trade Act ...

President Trump announced on Feb. 21 that he was imposing a new 15% global tariff on all imports entering the U.S., effective immediately. The new tariff will replace the tariffs that were struck down ...

On Friday, the United States Supreme Court ruled by a 6-3 majority in Learning Resources, Inc v. Trump that the International Emergency Economic Powers Act (IEEPA) does not give the US president the ...