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Trump’s 15% Section 122 Tariff Retry Headed for a Supreme Court Loss Too
There are huge flaws in the Section 122 tariff idea. An appeals court has already invalidated Section 122 tariffs now imposed by Trump. Two New Issues Balance of Payments (discussed in detail below) Unusual and Extraordinary Threat (obviously nonexistent) The statutory requirement for Section 122 is “Large and Serious Balance-of-Payments Deficits.” They don’t exist. Trade …
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