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Trump’s New Tariffs Shift Focus to Balance of Payments; Economists See No Crisis

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Hours after the high ​court on Friday struck down a huge swath of tariffs Trump had imposed under the International Emergency Economic Powers Act, the president announced the new duties under Section 122 of the Trade Act of 1974 — a never-used statu… [4566 chars]

Source: U.S. News & World Report | Published: 2026-02-24T06:04:00Z

Credit: U.S. News & World Report

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