| Keep the site working and add the following options Add an indicator and optional dropdown for a 150 day tariff window. All up to 3 renewal periods. Official Tarrifs window 37.5 Days Renewals periods 3 renewals option Tariffs window Expire 150 Days New Quote needed after 150 days. All quotes subject to any new renewal tariffs rate. Save selection and entry untill deleted. In the 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. Detailed explanation: Section 122 of the Trade Act of 1974: This law allows the President to impose tariffs for up to 150 days to address a balance of payments deficit. 15% Tariff Limit: The tariffs imposed under Section 122 cannot exceed 15%. 150-Day Time Limit: The 150-day period is a crucial aspect of this law. It provides a limited window for addressing trade imbalances before a more comprehensive approach can be implemented. Temporary Measure: The 150-day period is intended to be a temporary measure to allow the administration time to consider other options, such as longer-term negotiations or other trade remedies. Why the 150-day limit? The 150-day limit is designed to encourage a swift response to trade issues while allowing for more thorough investigation and negotiation. It provides a temporary buffer Official Tarrifs window 37.5 Days Renewals periods 3 renewals option Tariffs window Expire 150 Days New Quote needed after 150 days. All quotes subject to any new renewal tariffs rate. |