Court of International Trade hears oral arguments in 24-state Section 122 tariff challenge

The U.S. Court of International Trade heard oral arguments in the 24-state coalition lawsuit challenging Trump's Section 122 tariffs, led by Oregon Attorney General Dan Rayfield. The states argued the administration failed to meet the statute's balance-of-payments requirement, the legal standard Section 122 requires before tariffs can be imposed. The hearing came weeks after the Supreme Court's February 20 ruling struck down Trump's IEEPA tariffs, making Section 122 the administration's primary remaining tariff authority.