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Per the statute, Section 122 tariffs may only be imposed when there are "United States balance-of-payments deficits."
The US does not have a balance-of-payments deficit.
Trump cannot just say "well, they really meant a balance-of-trade deficit" and enact tariffs.
The US does not have a balance-of-payments deficit.
Trump cannot just say "well, they really meant a balance-of-trade deficit" and enact tariffs.
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