Eugene Soroka

Many companies were working on their ledgers and trying to calculate what their new effective tariff rates would be.

Now, these tariffs under Section 122 of the Trade Act are a lot more prescriptive, have many more exclusions, and are temporary, which means there will be more debate, more capitulation going down the line, and more uncertainty.

Many companies were working on their ledgers and trying to calculate what their new effective tariff rates would be.

Now, these tariffs under Section 122 of the Trade Act are a lot more prescriptive, have many more exclusions, and are temporary, which means there will be more debate, more capitulation going down the line, and more uncertainty.

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