Pacheco: Tariff overhaul brings stability for some, but not all

Newly imposed tariffs on foreign products imported into the U.S. are creating certainty for some companies and countries, and uncertainty for others. Having had the Supreme Court rule that President Donald Trump’s use of the International Emergency Economic Powers Act, or IEEPA, to impose tariffs on countries across the globe based on national emergencies was illegal, Trump almost immediately invoked Section 122 of the Tariff Code, which is intended to address severe balance-of-payments issues, to reinstate tariffs. These can only be imposed for 150 days; they expired on July 24, the day that Trump announced that he would use Section…