International Economic Emergency Powers Act

President Donald Trump imposed 50% tariffs on Canadian products including hockey sticks, wine, and cement in response to Canada's restrictions on U.S. goods. The tariffs, effective August 19, use Section 338 of the Tariff Act of 1930, a provision previously unused. The move follows earlier tariffs under the International Economic Emergency Powers Act, which were overturned by the U.S. Supreme Court.

President Donald Trump imposed 50% tariffs on Canadian products including hockey sticks, wine, and cement, citing retaliatory restrictions on U.S. goods. The tariffs, effective August 19, were authorized under Section 338 of the Tariff Act of 1930, a provision previously unused since the 1940s. The move follows recent Supreme Court rulings invalidating earlier Trump-era tariffs under the International Economic Emergency Powers Act.

State officials are demanding transparency and consumer fairness as the Trump administration refunds billions in tariffs following a Supreme Court ruling that deemed some tariffs illegal. Over $166 billion in import tax refunds are being processed, but companies may not pass savings to consumers who paid higher prices. Eight Democratic state fiscal leaders urge public disclosure of firms receiving refunds and ensure consumer compensation.

The United States has filed civil forfeiture complaints against $15 million in funds allegedly connected to an Iranian oil shipping network. The funds are claimed to provide influence over the National Iranian Oil Company and Iranian military entities, and are allegedly intended to violate U.S. sanctions under the International Economic Emergency Powers Act.