SECTION 122 TARIFF RULING LIMITS USE TO GLOBAL IMPORT SURCHARGES
The U.S. Court of International Trade (CIT) issued a decision invalidating Proclamation 11012, the February 2026 action that imposed a 10 percent across-the-board import surcharge under Section 122 of the Trade Act of 1974. The court determined that the Administration relied on economic indicators that did not meet the statutory [...]








