US trade court finds s122 Trade Act 1974 does not authorise tariffs not related to “balance of payments deficits”

11 May 2026

US trade court finds s122 Trade Act 1974 does not authorise tariffs not related to “balance of payments deficits”sharpner/Shutterstock.com

The US Court of International Trade has held that a Presidential Proclamation which imposed a 10% tariff on all US imports under section 122 of the Trade Act of 1974 was ultra vires. See...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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