Recent lawsuits are mounting a serious legal challenge against the Trump administration’s tariff authority under the International Emergency Economic Powers Act (IEEPA). According to Washington Analysis, these cases could dramatically reshape U.S. trade policy and market dynamics in the coming months.
CFRA’s Washington Analysis team explains why the latest lawsuits—including filings for a temporary restraining order (TRO) and preliminary injunction—are more credible and legally potent than earlier attempts. With the business community’s potential support and growing economic pressure, the odds of tariff blocks or reductions are climbing.