International Emergency Economic Powers Act in Podcasts
personThe International Emergency Economic Powers Act is a law from the 1970s that grants the president authority to regulate international economic transactions during emergencies.
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Mentions in Podcasts
The Journal.
Trump's Plan B After Trade Court Setback
And he said that I can impose these sweeping tariffs like on basically every nation in the world because there's this emergency happening where the U.S. has a trade deficit and it's affecting our supply chain. It's affecting our domestic manufacturing and it's affecting our military.
The Journal.
Trump's Plan B After Trade Court Setback
Typically, Congress regulates tariffs. But in this case, Trump argued that he could do it. His administration invoked a 1970s-era law, the International Emergency Economic Powers Act, IEPA for short.