Court Issues Narrow Ruling on Section 122 Tariffs
On May 7, the U.S. Court of International Trade (CIT) ruled in a 2-1 decision that the Section 122 tariffs implemented earlier this year were unlawful. The case was brought by 24 states and a group of importers challenging the administration’s use of Section 122 of the Trade Act of 1974 to impose a global…
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