Uncertainty continues for Greek exporters to the United States following the
Uncertainty continues for Greek exporters to the United States following the US Supreme Court’s decision to strike down key tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act (IEEPA).
In a 6–3 ruling, the justices found that the president had exceeded the authority granted by Congress under the 1977 law, which allows the executive to regulate commerce during national emergencies stemming from foreign threats. The decision concerned tariffs imposed on imports from Canada, China and Mexico through the so-called “fentanyl” executive orders, as well as broader “reciprocal” tariffs applied to imports from all countries.
Within hours, the US President introduced a new temporary mechanism. As of 12:01 a.m. EST on Feb. 24, 2026, a global additional 10% ad valorem tariff has been imposed on all imports into the United States under Section 122 of the Trade Act of 1974.
‘More of the Same,
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