Manage your tariff periods under Section 122 of the Trade Act
37.5 days with 3 renewal periods
150 days limit - temporary measure for balance of payments
Standard configuration allows for up to 3 renewal periods of 37.5 days each. Total possible duration: 112.5 days.
No active tariff window configured.
The 150-day period in tariffs regulations refers to a time limit on using certain trade laws. Specifically, Section 122 of the Trade Act of 1974 allows for the imposition of tariffs of up to 15% for a period of 150 days in response to a balance of payments deficit.
This is a temporary measure to address trade imbalances before a longer-term process can be initiated.
Key Features:
Why 150 days? This limit encourages swift response to trade issues while allowing for thorough investigation and negotiation.