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Tag: tariff strategy
Breaking: Trump Administration Plans Alternative Tariff Strategy
The U.S. Court of International Trade recently struck down the broad “Liberation Day” tariffs imposed by the Trump administration under the International Emergency Economic Powers Act (IEEPA), concluding that the president had exceeded his statutory authority (Trump v. United States, No. 25‐CIT‐00123). Yet, rather than marking the end of an aggressive tariff regime, this ruling appears to have catalyzed an evolution in the administration’s trade approach. In the days following the decision, senior officials signaled a pivot toward invoking alternative legal authorities—namely Sections 232 and 301 of the Trade Expansion Act of 1962, Section 338 of the Tariff Act of 1930, and Section 122 of the Trade Act of 1974—to sustain and potentially broaden U.S. import levies.