Latest International Economic Emergency Powers Act News & Updates

Washington, Feb 21 (IANS) Countries that struck trade deals with President Donald Trump — including India, the United Kingdom, the European Union, and Japan — will temporarily face a uniform 10 per cent tariff following the Supreme Court’s decision restricting the administration’s use of emergency tariff powers under the International Economic Emergency Powers Act (IEEPA), the White House said“SCOTUS (Supreme Court of the United States) ruled that the President cannot impose tariffs us…