International Emergency Economic Powers Act: Difference between revisions
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Revision as of 16:03, 22 February 2025
International trade - tariffs - US.
(IEEPA).
The International Emergency Economic Powers Act is US federal legislation allowing the President to impose tariffs.
- Legal basis for new US import tariffs
- "... the Trump administration is using the International Emergency Economic Powers Act... which provides the president with wide authority to impose tariffs after declaring an [economic] emergency under the National Emergencies Act...
- Similarly, there are no procedural requirements to [imposing] additional tariffs under Section 338 of the Tariff Act of 1930, if the president finds that a foreign country has taken unreasonable or discriminatory actions that disadvantage US commerce."
- Tariffs imposed by the new Trump administration... require proactive hedging - John Hintze - The Treasurer 2025 Issue 1, page 24.
See also
- Duty
- Federal
- Free trade
- Free trade agreement
- General Agreement on Tariffs and Trade (GATT)
- Imports
- Indirect tax
- Most favoured nation (MFN)
- Protectionism
- Quota
- Regional Comprehensive Economic Partnership (RCEP)
- Sanctions
- Smuggling
- Tariff
- Trade war
- Treaty
- Trumponomics
- United States Trade Representative
- World Trade Organization (WTO)
- WTO rules
