What’s next for U.S. tariffs after IEEPA strike down

About this episode

The episode discusses the implications of the U.S. Supreme Court's decision on tariffs and its impact on trade policy and the economy.

The U.S. Supreme Court’s decision against the use of the International Emergency Economic Powers Act (IEEPA) to impose broad-based tariffs is far from the end of the U.S. tariff story. The administration has already pivoted to new legislative authorities and opened investigations for future measures. For Canada, the implications are more limited than many would think. In this episode of the 10-Minute Take, RBC Economics' Claire Fan and Carrie Freestone break down what the ruling means for trade policy and the economy. They discuss: What IEEPA is, why it was struck down, and what the administration is doing instead Four major statutory authorities the U.S. administration could use to reinstate or expand tariffs. Why Canada’s tariff backdrop hasn’t really changed from the ruling—and what matters for the bilateral relationship going forward.

People in this episode

Guests: Claire Fan, Carrie Freestone

Topics covered

• U.S. tariffs
• trade policy
• International Emergency Economic Powers Act
• Canada-U.S. relations
• economic implications

Keywords

• tariffs
• trade policy
• IEEPA
• Canada
• U.S. Supreme Court
• economic impact
• legislative authorities

Mentioned in this episode

Organizations: U.S. Supreme Court, International Emergency Economic Powers Act

Places: Canada, U.S.

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