Trade Act of 1974

Technology

Last mentioned: Mar 6, 2026

Timeline

  1. Expected Proclamation

    President Trump expected to sign a formal proclamation implementing the 15% global tariff rate.

  2. Greer Clarification

    USTR Jamieson Greer confirms China tariffs will stay at 35-50% for continuity.

  3. Trump Response

    President announces 'great alternatives' to IEEPA, targeting Section 122 for a 10-15% global tariff.

  4. Supreme Court Ruling

    Justices block sweeping tariffs imposed under IEEPA, citing executive overreach.

Stories mentioning Trade Act of 1974 1

Policy Neutral

US to Maintain 35-50% China Tariffs as Trump Pivots to New Legal Authority

The Trump administration will hold China-specific tariffs steady between 35% and 50% despite a Supreme Court ruling striking down previous trade levies. USTR Jamieson Greer confirmed the pivot to Section 122 of the Trade Act of 1974 to maintain trade pressure ahead of a critical summit with President Xi Jinping.

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