Donald Trump cautioned American courts against weakening the International Emergency Economic Powers Act (IEEPA), a law he used to impose tariffs, including a 50% tariff on India. Trump warned on Truth Social that invalidating the IEEPA could trigger a severe economic downturn, likening it to the Great Depression of 1929. Donald Trump cautioned American courts against weakening the International Emergency Economic Powers Act (IEEPA), a law he used to impose tariffs, including a 50% tariff on India. Trump warned on Truth Social that invalidating the IEEPA could trigger a severe economic downturn, likening it to the Great Depression of 1929.
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‘1929 all over again’: Trump warns US court – is his tariff war about to hit legal wall?
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