Does the IEEPA allow the president to impose tariffs? Wetherell says yes. “IEEPA grants the President broad economic powers to deal with ‘any unusual and extraordinary [foreign] threat … to the national security, foreign policy, or economy of the United States’ on which a national emergency has been declared.” Wetherell spells out the historical legal cases in his order, which lead him to say, “IEEPA is a ‘law … providing for … tariffs.’” Wetherell adds in a footnote that his analysis is “not intended to be a determination.” His court “only has jurisdiction to decide the jurisdictional issue,” and it will be up to the CIT to decide if the IEEPA is a “law … providing for … tariffs” and what it means for the case.Tariffs are the President's perogative, not the courts...
Sunday, May 25, 2025
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