As Trump's tariffs face legal challenge, here are some of his other trade policy options
CBSN
The Trump administration could pursue alternative pathways for imposing tariffs after a federal court this week struck down its use of emergency powers to enact broad levies on U.S. trading partners, according to experts.
At risk is much of Mr. Trump's trade agenda, which relies on tariffs as a way to secure better terms of trade, boost the U.S. manufacturing sector and generate what he claims could be trillions in new federal revenue. For now, Mr. Trump's tariffs remain in place after a federal appeals court in Washington, D.C., on Thursday temporarily halted the decision, reinstating the levies.
If the trade court's ruling is ultimately upheld, Mr. Trump has other tools for pursuing his trade agenda, although they don't provide the broader authority of the International Emergency Economic Powers Act (IEEPA), which he tapped to authorize trade duties on almost every foreign nation.
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