After IEEPA, What Tariff Tools Will Trump Turn to Next?

After IEEPA, What Tariff Tools Will Trump Turn to Next?

Author: AS/COA Online, Council of the Americas, Americas Society, Carin Zissis February 26, 2026 Duration: 27:57
Close followers of trade news were waiting for this moment: On February 20, the U.S. Supreme Court ruled 6–3 against President Donald Trump’s use of the 1977 International Emergency Economic Powers Act, or IEEPA, to slap tariffs on trade partners around the world. Trump first used IEEPA, a measure typically used to apply sanctions, a year ago, when he imposed tariffs on Canada, Mexico, and China with the argument that these three countries hadn’t done enough to stop fentanyl flows into the United States. Then he invoked IEEPA again in April 2025, when he slapped tariffs on countries around the world. Although SCOTUS' decision reined in Trump's tariffs on one front, he soon enough used another piece of legislation, section 122, to impose new global duties. “President Trump has a huge trade arsenal at his disposal, and what we're going to be seeing in the next few weeks is the Trump administration using other measures [that are] more procedural but are less legally exposed,” Diego Marroquín Bitar, a fellow with the Americas Program at the Center for Strategic & International Studies and USMCA expert, told AS/COA Online’s Carin Zissis. From IEEPA to legal measures like 122, 232, and 301, understanding trade policy can be like speaking another language. Marroquín untangles them all, explaining what the Court decision means for issues like the upcoming USMCA review and the future of trade policy in the region.

Latin America in Focus is a production of the Americas Society/Council of the Americas, offering a nuanced look at the forces shaping the region. This podcast moves beyond headlines to explore the interconnected stories of policy, markets, and societal change. Each episode features conversations with policymakers, analysts, and on-the-ground experts, providing context to complex issues like trade agreements, electoral shifts, and cultural movements. Listeners gain a clearer understanding of the business climate, investment opportunities, and the political dynamics influencing daily life from Mexico to Argentina. The discussion is grounded in research and a deep network of regional knowledge, aiming to connect global audiences to the pivotal trends redefining Latin America. Whether examining a new regulatory framework, the impact of a social movement, or the economic prospects of a specific industry, the analysis is both rigorous and accessible. Tune in for a thoughtful and forward-looking perspective that treats the region not as a monolith, but as a diverse collection of nations each with its own narrative. This podcast serves as an essential resource for anyone looking to deepen their comprehension of a rapidly evolving part of the world.
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