# Section 122 of the Trade Act of 1974

Type: Technology

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/section-122-of-the-trade-act-of-1974
Canonical HTML page: https://getlegalbrief.com/entity/section-122-of-the-trade-act-of-1974

## Timeline

- **2026-02-24**: Implementation Date — Scheduled start date for the new temporary 15% global import levy.
- **2026-02-21**: Section 122 Pivot — Trump announces new 15% global tariff using the 1974 Trade Act balance-of-payments provision.
- **2026-02-20**: SCOTUS Ruling — Supreme Court strikes down IEEPA-based global tariffs as unconstitutional overreach.
- **2025-06-15**: Liberation Day — Tariffs expanded globally to address the US trade deficit under IEEPA.
- **2025-02-01**: IEEPA Invoked — Trump imposes tariffs on China, Mexico, and Canada citing fentanyl emergency.

## Recent coverage (2 stories)

### US Shifts Legal Strategy to Maintain China Tariffs After Supreme Court Setback
2026-02-26 00:08:31 · Sentiment: Neutral · Impact: 8/10 · Sources: 2

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.
Full story: https://getlegalbrief.com/story/us-china-tariffs-legal-pivot-section-122

### Trump Pivots to 1974 Trade Act After SCOTUS Strikes Down Global Tariffs
2026-02-23 00:08:04 · Sentiment: Negative · Impact: 8/10 · Sources: 5

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.
Full story: https://getlegalbrief.com/story/trump-tariffs-scotus-ruling-section-122-analysis

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