Bloomberg Law Analysis

ANALYSIS: The Tweets of AugustIEEPA and the US-China Trade War

Oct. 10, 2019, 4:59 PM

The White House’s efforts to cut capital flows to China loom over ongoing U.S.-China trade talks and have directed a previously inconceivable amount of attention toward the International Emergency Economic Powers Act of 1977 (IEEPA).

Since President Trump’s Twitter announcement that “our great American companies are hereby ordered to immediately start looking for an alternative to China” on August 23, 2019, followed by his legal analysis via tweet, “try looking at the Emergency Economic Powers Act of 1977. Case closed!”, Trump administration officials have been discussing multiple ways to limit American capital flows to China, with talk of a...

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