Part 3/7:
Trump has indicated a robust plan for tariffs, vowing on his first day in office to issue up to 100 executive orders, some potentially addressing tariff reforms. Under U.S. law, Congress holds the power to impose tariffs. However, the President is endowed with limited authority to enact tariffs independently. To streamline this process, Trump has hinted at the possibility of declaring a national emergency, leveraging the International Economic Emergency Powers Act (IEEPA) to facilitate a quick overhaul of tariff policies.