Trump Considers Alternative Tariff Paths
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tariffsCBS News
•US Politics
US Politics
As Trump's tariffs face legal challenge, here are some of his other trade policy options
73% Informative
A federal appeals court temporarily halted Mr. Trump 's use of emergency powers to enact broad levies on U.S. trading partners.
If the court's ruling is upheld, the president has other tools for pursuing his trade agenda.
The International Emergency Economic Powers Act (IEEPA) allows the president to impose tariffs on almost every foreign nation.
The White House says the president will continue to use "all tools at his disposal".
Mr. Trump could use Section 122 of the Trade Act of 1974 to impose tariffs of up to 15% for a maximum of 150 days .
The tariffs could be in effect "within days if deemed necessary," Goldman Sachs analysts said.
Section 338 of the Tariff Act of 1930 can impose tariffs on imports from countries that discriminate against the U.S ..
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