Hot Topics in International Trade - April 2026 - Supreme Court Clarifies Separation of Powers in IEEPA Tariffs Decision
OVERVIEW The Supreme Court’s Feb 20, 2026, decision holding that the International Emergency Economic Powers Act (IEEPA) (50 U.S.C. §§ 1701–1707) does not authorize the President to impose tariffs is best understood not as a narrow trade ruling, but as a …