Last mentioned: Mar 6, 2026
Expiration Deadline
Section 122 tariffs expire unless Congress grants formal approval for extension.
Legislative Deadline
The 150-day temporary window for Section 122 tariffs expires.
Multi-State Lawsuit
24 states file suit in the U.S. Court of International Trade to block new tariffs.
Refund Order
Judge rules companies are owed refunds for tariffs paid under the invalidated IEEPA framework.
USTR Policy Confirmation
Jamieson Greer confirms China tariffs will stay at 35-50% to ensure market continuity.
Greer Confirmation
USTR Jamieson Greer confirms China tariffs will stay steady on Fox Business and Bloomberg.
Implementation Date
Scheduled start date for the new temporary 15% global import levy.
Implementation Date
The new global tariffs are scheduled to go into effect for all US imports.
Implementation Date
New 15% global tariffs scheduled to go into effect for all US imports.
Effective Date
New 15% global tariffs are scheduled to begin enforcement.
Section 122 Pivot
Trump announces new 15% global tariff using the 1974 Trade Act balance-of-payments provision.
Tariff Escalation
Trump announces on Truth Social that the rate will be increased to the 15% legal maximum.
Tariff Escalation
Trump announces on Truth Social that the rate will increase to 15%.
Rate Escalation
Trump announces on Truth Social the rate will increase to the 15% legal maximum.
SCOTUS Ruling
Supreme Court strikes down IEEPA-based global tariffs as unconstitutional overreach.
Supreme Court Ruling
The high court strikes down IEEPA-based tariffs in a 6-3 decision, citing executive overreach.
Initial Pivot
Trump signs a proclamation for a 10% temporary tariff under Section 122 of the 1974 Trade Act.
SCOTUS Ruling
Supreme Court strikes down IEEPA-based tariffs as unconstitutional.
Initial Pivot
Trump signs a proclamation for a 10% replacement tariff under Section 122.
Supreme Court Ruling
SCOTUS strikes down IEEPA-based tariffs in a 6-3 decision.
A coalition of 24 states has filed a lawsuit against the Trump administration, alleging the president exceeded his constitutional authority by imposing global tariffs under a never-before-used provision of the Trade Act of 1974. The legal challenge follows a landmark Supreme Court ruling that struck down previous emergency duties, setting up a high-stakes confrontation over executive trade powers.
The Trump administration will maintain existing China tariffs between 35% and 50% to ensure continuity following a Supreme Court ruling that invalidated previous trade levies. USTR Jamieson Greer confirmed the move as the White House prepares to pivot to Section 122 of the Trade Act of 1974 for a new 15% global tariff regime.
US Trade Representative Jamieson Greer confirmed that tariffs on Chinese goods will remain between 35% and 50% despite a Supreme Court ruling against the administration's previous legal justification. The White House is now pivoting to Section 122 of the Trade Act of 1974 to implement a 15% global tariff floor, seeking continuity ahead of a summit between President Trump and President Xi Jinping.
The Trump administration is pivoting its legal framework to maintain high tariffs on Chinese goods after the Supreme Court invalidated previous levies based on emergency powers. US Trade Representative Jamieson Greer confirmed the use of Section 122 of the Trade Act of 1974 to ensure trade continuity ahead of a high-stakes meeting with President Xi Jinping.
Following a Supreme Court ruling striking down previous import taxes, President Trump has invoked Section 122 of the 1974 Trade Act to impose a new 15% global tariff. This temporary measure bypasses the court's restriction for 150 days, creating immediate supply chain volatility for startups and global manufacturers.
Following a Supreme Court ruling that invalidated previous trade levies, President Trump has announced a new 15% global tariff under the 1974 Trade Act. The move creates immediate supply chain volatility and potential for $130 billion in corporate tax refunds.
Following a Supreme Court ruling that struck down previous import taxes, President Trump has pivoted to a rarely used trade law to impose a 15% global tariff. This temporary measure, effective February 24, creates immediate cost pressures for global supply chains and sets a five-month countdown for Congressional intervention.
The US Supreme Court has invalidated the administration's use of emergency powers for global tariffs, prompting an immediate pivot to Section 122 of the 1974 Trade Act. This new strategy imposes a 15% temporary tariff on all imports, creating a high-stakes legal and compliance challenge for global trade partners.