Trump taps emergency tariff rule to reimpose tariffs quickly, with time limits
After a Supreme Court ruling on tariffs, President Trump pivots to Section 122 of the Trade Act of 1974 to temporarily impose 10% tariffs on all foreign goods for up to 150 days, a fast-acting emergency authority that must be extended by Congress to endure; the tool is designed for short-term shocks and sits alongside other levers like Section 232, 301, and 338.