Q1. After the U.S. Supreme Court struck down the 'reciprocal tariffs' in February 2026, under which legal authority did the Trump administration impose the replacement global tariff?
- A. Section 122 of the Trade Act, 1974
- B. International Emergency Economic Powers Act (IEEPA)
- C. Section 232 of the Trade Expansion Act, 1962
- D. Section 301 of the Trade Act, 1974