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IEEPA of USA
September 2 , 2025
16 hrs 0 min
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- US court ruled that a majority of US President Donald Trump’s tariffs derived from powers under the International Emergency Economic Powers Act (IEEPA) are illegal.
- This law historically used for sanctions and asset freezes, to justify tariffs by declaring a national emergency over persistent US trade deficits and cross-border drug flows.
- The administration argued that the law’s power to “regulate” imports extended to tariffs.
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