President Donald Trump's use of the International Emergency Economic Powers Act (IEEPA) to enact his sweeping "retaliatory" tariffs (see 2504020086) has drawn serious speculation about whether the statute can serve as a proper basis for invoking the tariffs. Trade lawyers told us that potential issues arising from the use of IEEPA include the existence of tariff-making authority to address trade deficits under Section 122 of the Trade Act of 1974, the "major questions" doctrine and the way in which the tariffs were calculated.
toarticlessource documents
Search Primer
Term list: Separate terms with spaces, not commas or semicolons.
Multi-word term: Place inside quotes to ensure an exact match (e.g. "surrogate value").
Acronyms: Use all capital letters to ensure the search is not looking for that letter sequence instead. (e.g., CIT).
Required term: If a term must be included in any resulting articles, prefix it with a plus sign (e.g., CBP +ruling).
Excluded term: If a term should be excluded from any articles being found, prefix it with a minus sign (e.g., ruling -NY).
Simplest form: Use the simplest form of a term (e.g. "russian export control" instead of "russian export controls") or "entity list" instead of "entity listing" or "entity listed").
A panel of trade remedy authorities including a former Commerce Department assistant secretary and two U.K. government representatives surveyed March 13 the increasingly complicated global trade remedies realm, touching on how the two countries have reacted, in Georgetown University Law Center’s annual International Trade Update.
Trade Law Daily is providing readers with the top stories from last week, in case you missed them. All articles can be found by searching on the title or by clicking on the hyperlinked reference number.
President Donald Trump will likely turn to Section 301 to enact his plans for "reciprocal" tariffs, various trade lawyers told Trade Law Daily. Following the president's announcement of his reciprocal tariff plan, which will purportedly tackle "non-reciprocal trading arrangements" with many of the U.S.'s trading partners starting April 2, speculation ensued as to the precise scope of the tariffs and their legal bases.