Congressional Research Service

Company

Last mentioned: Mar 6, 2026

Timeline

  1. Multi-State Lawsuit

    24 states file a formal challenge against the new global tariff structure.

  2. CRS Report

    Congressional Research Service highlights the lack of precedent for Section 122 usage.

  3. SCOTUS Ruling

    Supreme Court strikes down IEEPA-based tariffs in a 6-3 decision.

  4. Record Revenue

    U.S. customs duties reach $287 billion for the fiscal year.

Stories mentioning Congressional Research Service 1

Regulation Bearish

States Sue Trump Administration Over 'Unlawful' Section 122 Global Tariffs

A coalition of 24 states has filed a lawsuit against the Trump administration, alleging that newly imposed 10% to 15% global tariffs exceed executive authority. The legal challenge centers on the unprecedented use of Section 122 of the Trade Act of 1974 following a Supreme Court ruling that invalidated previous emergency tariff measures.

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