IEEPA Refunds & the Strait of Hormuz Closed (Again)
About this episode
This episode discusses the IEEPA tariffs imposed by the Trump administration and their implications on international trade.
The International Emergency Economic Powers Act (IEEPA) tariffs were additional duties imposed by the Trump administration starting in early 2025, primarily using IEEPA's emergency powers to address issues like fentanyl trafficking, immigration, and trade deficits. These included "fentanyl" or "trafficking" tariffs on imports from countries such as China, Canada, and Mexico, as well as broader "reciprocal" or "baseline" tariffs (often 10% or higher) applied to goods from many trading partners...
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