Trump Announces New 10% Global Tariff; Invokes Sections 122, 232 And 301 | Explained | N18G | 4K
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Trump Orders 10% Global Tariff, Keeps 232 & 301 Duties
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President Trump said existing tariffs imposed under other trade authorities known as Section 232 and Section 301 remain "in full force and effect." He also said he will sign an executive order Friday to impose a 10% global tariff under Section 122 of the Trade Act of 1974, which allows the president to impose a baseline tariff of up to 15% for no more than 150 days to deal with "large and serious" balance-of-payments deficits. The president also said he will initiate investigations under Section
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President Trump said existing tariffs imposed under other trade authori…
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"Effective immediately, all National Security TARIFFS, Section 232 and existing Section 301 TARIFFS, remain in place, and in full force and effect. Today I will sign an Order to impose a 10% GLOBAL TARIFF, under Section 122, over and above our normal TARIFFS already being charged..." - President Donald J. Trump | The White House
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"Effective immediately, all National Security TARIFFS, Section 232 an…
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President Trump to Impose 10% Global Tariff
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President Trump to Impose 10% Global Tariff
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Trump said he would impose a 10% global tariff under Section 122, over and above tariffs already being charged after the Supreme Court struck down his economic policy. He declared all national security tariffs under Section 232 and existing Section 301 tariffs to be in full force and effect bloom.bg/4kN4Pe9 | Bloomberg
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Trump said he would impose a 10% global tariff under Section 122, ov…
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