It has been reported that the Trump administration is preparing new tariffs to reduce the trade deficit.
According to this, the administration is considering implementing not only Section 301 but also Section 122, which has never been used before. Section 122 allows for a general tariff of up to 15% for a period of 150 days.#CelebratingNewYearOnGateSquare
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It has been reported that the Trump administration is preparing new tariffs to reduce the trade deficit.
According to this, the administration is considering implementing not only Section 301 but also Section 122, which has never been used before. Section 122 allows for a general tariff of up to 15% for a period of 150 days.#CelebratingNewYearOnGateSquare