Novel Application: Law and Iran Sudan

novel application: Jennifer Hillman, a Georgetown Law school trade law professor, questioned Trump's citation of the International Emergency Economic Powers Act IEEPA in his announcement on Thursday night, according to The Japan Times. If you read the text of IEEPA, it's about the president being able to declare a national emergency to be able to stop financial transactions, said Hillman, a former World Trade Organization judge. Financial markets reeled and business leaders on both sides of the border were taken by surprise, prompting discussions of legal action to curtail Republican Trump's use of a law never previously used to impose tariffs. The law has been used by presidents to impose sanctions on countries such as Iran and Sudan, but Trump's proposed novel application of it has never been addressed by the courts, according to legal experts. But is it within the letter of the law Possibly. It's clearly beyond the spirit of the law, said Jessica Levinson, a professor at Loyola Law School. (news.financializer.com). As reported in the news.