https://www.taxtmi.com/news?id=59467 Whether the president may employ the International Emergency Economic Powers Act to impose sweeping, country wide tariffs without congressional authorization is the central issue. The administration's use of the Act to block transactions and freeze assets after declaring an emergency is challenged by lower courts that have concluded the statute does not authorize tariffs on that scale, and the Supreme Court review will determine limits on executive emergency authority in the trade context. en-us Wed, 22 Oct 2025 12:46:02 +0530 Wed, 22 Oct 2025 12:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=59467 Whether the president may employ the International Emergency Economic Powers Act to impose sweeping, country wide tariffs without congressional authorization is the central issue. The administration's use of the Act to block transactions and freeze assets after declaring an emergency is challenged by lower courts that have concluded the statute does not authorize tariffs on that scale, and the Supreme Court review will determine limits on executive emergency authority in the trade context. News - Wed, 22 Oct 2025 12:46:02 +0530 https://www.taxtmi.com/news?id=59467