https://www.taxtmi.com/news?id=45044 The Commerce Department urged the Court of International Trade to uphold the President's International Emergency Economic Powers Act (IEEPA) authority to impose reciprocal tariffs as an instrument of national security and diplomatic leverage, citing an asserted presidential intercession that helped secure a tenuous India-Pakistan ceasefire and warning that judicial constraints on IEEPA-based tariffs would impair the executive's ability to coordinate foreign-policy economic measures; a three-judge panel found the global tariff action contrary to law. en-us Thu, 29 May 2025 10:16:03 +0530 Thu, 29 May 2025 10:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45044 The Commerce Department urged the Court of International Trade to uphold the President's International Emergency Economic Powers Act (IEEPA) authority to impose reciprocal tariffs as an instrument of national security and diplomatic leverage, citing an asserted presidential intercession that helped secure a tenuous India-Pakistan ceasefire and warning that judicial constraints on IEEPA-based tariffs would impair the executive's ability to coordinate foreign-policy economic measures; a three-judge panel found the global tariff action contrary to law. News - Thu, 29 May 2025 10:16:03 +0530 https://www.taxtmi.com/news?id=45044