US tariff power is moving from emergency claims to statutory workarounds
IBA’s Apr/May legal business analysis says the US Supreme Court rejected the use of IEEPA as authority for sweeping tariffs, while the administration moved to section 122 and signalled possible section 232 and 301 alternatives.
BY GEOPOLITICS DESK · MAY 28, 2026 · 1 MIN READ
IBA’s Apr/May legal business analysis says the US Supreme Court rejected the use of IEEPA as authority for sweeping tariffs, while the administration moved to section 122 and signalled possible section 232 and 301 alternatives. The commercial-law implication is persistent uncertainty: supply contracts, pricing adjustments, customs protests and refund disputes become recurring legal work rather than one-off trade-policy updates.