Tag: Tariffs News

  • Section 122 Tariffs: Court Ruling, Appeal, and Stay

    Section 122 Tariffs: Court Ruling, Appeal, and Stay

    On May 7, 2026, the U.S. Court of International Trade ruled 2-1 that the President’s 10% Section 122 import surcharge exceeds his legal authority. The administration appealed. A federal appeals court stayed the ruling. The surcharge is still being collected. Here’s what that means for importers.