President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a large swathe of universal tariffs on allies and adversaries, four sources familiar with the matter told CNN,

U.S. President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries, CNN reported on Wednesday,

President-elect Donald Trump is contemplating a bold move to declare a national economic emergency as a strategy to launch his sweeping tariff program. This potential action could enable him to employ the International Economic Emergency Powers Act (IEEPA) to oversee imports,

President-elect Donald Trump is considering declaring a national economic emergency to impose tariffs on allies and adversaries, as part of his America First agenda.

The emergency powers would grant Trump the ability to construct a new tariff programme without having to demonstrate traditional national security justifications

U.S. President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries, CNN reported on Wednesday,

President-elect Donald Trump could use the International Economic Emergency Powers Act, a threat he has made before.

A national emergency declaration under IEEPA has long been considered as a key legal tool that Trump may invoke to take quick action on his campaign promise to impose a universal tariff of at least 10% on all imports into the US.

Donald Trump is reportedly considering declaring a national economic emergency to impose tariffs across several industries, according to CNN. Multiple sources suggest that this move would allow the president-elect to implement tariffs on both allies and adversaries using the Economic Emergency Powers Act.