On April 29 from 5:00-6:30 PM, Bruce Zagaris will be moderating a program on invoking IEEPA for Tariffs organized by the DC Chapter of the Association of Certified Financial Crime Specialists. To register, click here.
The three speakers will be Amy Porges (Principal, Porges Trade Law PLLC), Perry Bechky (Partner, Berliner Corcoran & Rowe LLP), and Stewart Baker (Principal, Stewart Baker Consulting PLC).
A more detailed overview of the program is listed below:
In the first couple of weeks of the Trump Administration, Executive Orders have invoked the International Emergency Economic Powers Act to impose wide-ranging tariffs on three countries for emergency international enforcement justifications, ranging from combating fentanyl, migration enforcement, enforcement of counter-narcotics and organized crime, and stopping precursor chemicals. IEEPA has never been used to impose tariffs before.
IEEPA has the fewest procedural requirements and safeguards. The Constitution gives Congress the authority to “lay and collect Taxes, Duties, Imposts and Excises.” The program will discuss the statutory and constitutional issues arising from the Executive Orders and how these suits are likely to arise in the courts, starting with the Court of International Trade, and the appeals.
During this event, you will learn:
- The statutory basis for IEEPA.
- The jurisprudence and amendments of IEEPA.
- The use of trade laws for tariffs.
- The Executive Orders calling for tariffs for Canada, Mexico, and the P.R.C.
- The responses by Canada, Mexico, and the P.R.C.
- Potential use of tariffs against Colombia.