President Donald Trump could impose Iran-related tariffs under the 1977 International Emergency Economic Powers Act, National Economic Council Director Kevin Hassett said, citing a “state of conflict.” The Supreme Court previously ruled the law does not authorize tariffs, including in its Feb. 20 decision striking down Trump’s global tariffs. Hassett argued the measure fits wartime conditions, though legal challenges are likely. The court majority rejected inherent presidential tariff authority

President Donald Trump could impose Iran-related tariffs under the 1977 International Emergency Economic Powers Act, National Economic Council Director Kevin Hassett said, citing a “state of conflict.” The Supreme Court previously ruled the law does not authorize tariffs, including in its Feb. 20 decision striking down Trump’s global tariffs. Hassett argued the measure fits wartime conditions, though legal challenges are likely. The court majority rejected inherent presidential tariff authority in peacetime, while dissenting justices supported it, leaving uncertainty over whether such tariffs could withstand judicial scrutiny.