Last mentioned: Mar 12, 2026
Expected USTR Response
The U.S. Trade Representative is expected to provide a formal response to the coalition's demands.
Coalition Formalized
Democratic Senator and Governors issue a joint call for immediate refunds and regulatory relief.
Implementation
The new 15% duty takes effect at 12:01 am EST as CBP halts collection of invalidated IEEPA tariffs.
Implementation Deadline
New 15% duties take effect as CBP stops collecting invalidated IEEPA tariffs.
Implementation Deadline
New 15% duties take effect at 12:01 AM EST as IEEPA collections cease.
Supreme Court Ruling & Warning
SCOTUS strikes down IEEPA tariffs; Trump warns countries not to 'play games' and EU postpones trade vote.
EU Postponement
European Parliament delays a vote on the U.S. trade deal in response to tariff uncertainty.
EU Postponement
European Parliament decides to postpone a vote on the EU-U.S. trade deal.
Duty Escalation
The administration raises the planned Section 122 duty to the statutory maximum of 15%.
Duty Raised to 15%
The administration increases the proposed duty to the statutory maximum of 15%.
Duty Escalation
The administration raises the Section 122 duty to 15%, the statutory maximum.
Initial Tariff Announcement
Trump announces a 10% temporary import duty under Section 122 of the Trade Act of 1974.
10% Duty Announced
Trump announces a temporary 10% duty under Section 122 of the Trade Act of 1974.
Initial Section 122 Announcement
Trump announces a temporary 10% duty under Section 122 of the Trade Act of 1974.
Exclusion Expirations
A significant number of temporary tariff exclusions expire, leading to immediate cost increases for importers.
Section 301 Implementation
The first wave of tariffs on Chinese goods is implemented, sparking the need for an exclusion process.
A prominent Democratic senator and a group of governors have launched a formal push for the federal government to provide tariff refunds and broader regulatory relief for businesses. The coalition argues that current trade duties are stifling state-level manufacturing and infrastructure development.
Following a Supreme Court ruling invalidating his IEEPA-based tariffs, President Trump has warned global trading partners against reneging on trade agreements. The administration is now pivoting to Section 122 of the Trade Act of 1974, imposing a 15% duty while threatening even more aggressive measures.
Following a Supreme Court ruling striking down his signature tariff regime, President Trump has pivoted to Section 122 of the Trade Act of 1974 to impose a 15% temporary import duty. The administration warned international partners against renegotiating trade deals, threatening even higher penalties for countries that 'play games' with the new legal landscape.
Following a Supreme Court ruling invalidating tariffs under the International Emergency Economic Powers Act, President Trump has pivoted to Section 122 of the Trade Act of 1974. The administration is imposing a 15% temporary import duty while warning global trading partners against abandoning existing agreements.