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Team Sunil Minglani
@sunilminglani
22.02.2026 11:10
Everyone’s talking about the 15% tariff. Wrong, you should look at the 50% number. Why?

• Section 338 (Tariff Act of 1930) allows tariffs up to 50%
• No investigation
• No ITC process
• No injury finding
• No expiration
• Country-specific
• Immediate implementation
It’s never been used in 96 years.

Section 122 - capped at 15% (and expires)
Section 232 - 9–12-month process
Section 301 - hearings & public comments

The "Plan B": Treasury Secretary Bessent and USTR Greer have already signaled that Section 338 is the "equipped" mechanism for the post-IEEPA world.
Only Section 338 can replicate IEEPA-style power:
Fast. Broad. Durable.


The markets are speculating a step-down. Trump may be preparing for a step-up.
The real risk isn’t 15%. It’s 50%.... Overnight.

#Trump #SupremeCourt #SCOTUS #Tariffs #TradeWar #Section338 #AmericaFirst #IEEPA
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Team Sunil Minglani

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