President Trump’s tariff strategies, including the use of the International Emergency Economic Powers Act (IEEPA), will be examined by the Supreme Court next month following previous federal court rulings declaring them illegal. The administration defends this approach by citing national emergencies related to trade deficits and fentanyl trafficking, asserting that Congress, not the courts, holds oversight. Besides IEEPA, Trump has utilized other mechanisms like Section 232 and Section 301 to impose tariffs on various imports, with significant implications for U.S. trade.


Source: https://www.supplychaindive.com/news/trump-tariff-powers-ieepa-section-232-section-301/802388/

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