Tariff litigation keeps economic statecraft in the courtroom
The Peterson Institute’s review of Court of International Trade arguments shows the legal fight moving from IEEPA to balance-of-payments tariff authority and, potentially, Section 301.
BY GEOPOLITICS DESK · MAY 7, 2026 · 1 MIN READ
The Peterson Institute’s review of Court of International Trade arguments shows the legal fight moving from IEEPA to balance-of-payments tariff authority and, potentially, Section 301. For general counsel, the uncertainty is commercial as much as constitutional: tariff strategy now affects contract language, customs filings, pricing, refunds, supplier allocation and customer communications.