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Cato InstituteApr 16, 2026Think Tank

Congress Should Retire Section 122

Representative Jimmy Panetta introduced the Stop Global Tariffs Act to repeal Section 122 and nullify current 10 percent global tariffs.

Congress Should Retire Section 122
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tl;dr

The Cato Institute argues that Congress must repeal Section 122 of the Trade Act of 1974 to prevent executive overreach, following the Trump administration's use of the archaic statute to impose a 10% global tariff.

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Jimmy PanettaD-California-19
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