IEEPA Refunds & the Strait of Hormuz Closed (Again)

Armchair Attorney® Podcast · Jul 20, 2026 · 55m

The International Emergency Economic Powers Act (IEEPA) tariffs were additional duties imposed by the Trump administration starting in early 2025, primarily using IEEPA's emergency powers to address issues like fentanyl trafficking, immigration, and trade deficits. These included "fentanyl" or "trafficking" tariffs on imports from countries such as China, Canada, and Mexico, as well as broader "reciprocal" or "baseline" tariffs (often 10% or higher) applied to goods from many trading partners, and some targeted measures on Brazil and India. Imposed on top of standard duties, they affected…