Despite Supreme Court ruling, Trump has legal cards for tariffs in hand

It’s no surprise that US President Donald Trump came out swinging after the Supreme Court’s stunning rebuke struck at the core of his economic agenda. It delivered his most consequential legal setback by blocking him from invoking emergency powers to unilaterally impose sweeping tariffs on trading partners. The International Emergency Economic Powers Act (IEEPA), enacted in 1977, allows the president to regulate economic transactions after declaring a national emergency in response to an...

By James David Spellman