Sarah Gonzalez

For instance, right now we have a bunch of specific tariffs on some Chinese machinery and minerals and also footwear.

Those tariffs were created under the Section 301 law.

Those tariffs are still in place.

And the process itself takes a while.

There's got to be a report, just a lot of administrative work.

The appeal of creating tariffs using IEPA was that the process would be much faster.

Or is there?

At this press conference on Friday, Trump announced a new across the board 10 percent tariff under a different law with a different three digit number.

She says this is another one of those economic laws written during the Cold War.

And unlike some of the other three-digit laws, Kathleen says Section 122, in theory, lets the president create a lot of tariffs really fast.

Like, what if after the 150 days are up, the president just does it again, makes another 10% tariff that lasts another 150 days?

Kathleen says, yeah, there's going to be lawsuits to come over the new 10% tariff.

This episode was produced by Sam, Yellow Horse Kessler, and Willa Rubin.

It was edited by Marian McKeown.

It was fact-checked by Sierra Juarez.

Alex Goldmark is our executive producer.

Thank you to Eliza Ronald-Tannen for some great reporting at Bloomberg on the tariff rebate trading.

And to Martha Gimbel at the Yale Budget Lab.

I'm Mary Childs.

I'm Sarah Gonzalez.