Trump’s new tariffs will put America’s rivals on notice

Though the Trump administration has faced a series of legal setbacks on tariffs, it seems to have found a solution. After the Supreme Court ruled that the administration’s reciprocal tariffs were wrongfully imposed, the president immediately leapt to Plan B: Section 122 tariffs, which allow the temporary placement of global tariffs.But these tariffs — derived from the Trade Act of 1974, which Trump used to install a 10% levy on most imported goods — expire in just over two months, and a court ha...