The Supreme Court recently heard oral arguments on the limits, if any, under which the President can impose tariffs under the International Emergency Economic Powers Act (IEEPA). Regardless of how the Supreme Court rules, the presidency and executive power will have been weakened. Here’s why.
The President is vested with enormous powers to direct foreign policy under the constitution and to impose tariffs clearly under a wide range of statutes. Unfortunately, IEEPA is not a statute that provides unambiguous authority for tariffs.
Read Full Article »
