Section 122

3 briefs

power 2026-04-13

The $166 Billion Waiting Room

The Supreme Court ordered a tariff refund. The money doesn't exist yet. Meanwhile Trump has already replaced the struck-down tariffs with a new legal theory a trade court is currently shredding.

power 2026-04-12

Tariff Whack-a-Mole

After SCOTUS killed the IEEPA tariffs, Trump pivoted to Section 122. Now that too is before a federal court, and the question is whether any statutory authority can sustain his trade policy.

power 2026-04-10

Trump's Backup Tariff Plan Is in Court. It Has a 150-Day Clock and a Dubious Legal Theory.

After the Supreme Court killed his IEEPA tariffs in February, Trump pivoted to Section 122 of the Trade Act. The new 10% global levy requires a real 'balance-of-payments deficit' and expires in 150 days. Both conditions are working against him.