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Why the Tariff Case Was Never Just About Tariffs

From cato.org

In 2029, a Democratic president declares a climate emergency. She doesn’t go to Congress. She doesn’t issue new regulations through the EPA. Instead, she invokes the International Emergency Economic Powers Act, cites a national security finding linking fossil fuels to foreign adversaries, and by executive order bans the importation of gasoline-powered vehicles entirely. The statutory hook is the IEEPA’s broad authorization to regulate and halt trade during a declared emergency—the same one the Trump administration used for tariffs. The foreign-policy veneer writes itself: China’s coal economy creates climate ... (full story)

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  • Category: Fundamental Analysis