#balance-of-payments
#balance-of-payments

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#tariffs #section-122 #trade-act-of-1974 #legal-challenge

Trump's plan B to impose new tariffs is also illegal as a balance-of-payments deficit doesn't exist, trade experts say | Fortune

Trump invoked Section 122 to reimpose tariffs, but experts say the law's balance-of-payments requirement is not met, undermining the legal basis.

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