Administration Signals Section 122 Replacement Tariffs at 10%
Following the SCOTUS ruling, the White House announced plans to reimpose a 10% global tariff under Section 122 trade authority.
A flat 10% rate under Section 122 would be significantly lower than the previous IEEPA rates for most origins. For Wovenary sourcing lanes (Pakistan, Mozambique), the effective rate change may be minimal since MFN duties on bags already range 5-8%.