Now, if the decision goes the wrong way from the Trump administration, if they strike down the tariffs, it's not the end of the day because there are other avenues to impose tariffs. So there are three in particular. Number one, Section 301 of the Trade act of 1974... authorizes tariffs to enforce US rights under trade agreements or to counter unfair foreign practices. The second way the President could try to impose these tariffs again is under Section 232 of the Trade Expansion act of 1962, which allows tariffs on imports threatening national security, which was the vehicle Trump used for steel and aluminum tariffs. (31:13–31:24)
CLAIM
Asserts that Section 301 of the Trade Act of 1974 allows tariffs for enforcing trade agreements or countering unfair practices.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.