Learning Resources, Inc. v. Trump · ¶310

In 1975, President Ford imposed significant monetary exactions on foreign imports of oil. Presidential Proclamation No. 4341, 3 CFR 433 (1971–1975 Comp.). He acted under Section 232 of the Trade Expansion Act of 1962. Like TWEA and IEEPA, the relevant provision of Section 232 did not use the word “tariff” or “duty.” Rather, Section 232 broadly authorized the President to “adjust the imports” of a product, 19 U. S. C. § 1862(b) (1970 ed.)—language akin to the “regulate . . . importation” language in IEEPA and TWEA.

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