Actor

Donald Trump

Donald Trump is the 45th and 47th president of the United States. As at 29 July 2026, his economic-statecraft record spans two administrations and several distinct legal toolkits. The record supports a profile of repeated coercive economic use. It does not make every tariff, sanction or industrial measure one doctrine.

First administration

The first administration used trade and national-security authorities alongside sanctions and investment controls. Executive Order 13846 reimposed specified Iran-related sanctions in August 2018 after the United States left the nuclear agreement. Other campaigns used Section 232 tariffs, Section 301 tariffs, export controls and investment restrictions. These instruments differed in legal basis, target and remedy. Presidential statements often framed them as bargaining leverage, but the success of any bargain must be tested campaign by campaign.

Executive Order 13846 illustrates the distinction. It restored authorities addressing petroleum transactions, financial institutions and other specified activity, with implementation assigned to the Treasury and other departments. It was not the legal basis for tariffs on China or allies. Likewise, export licensing against technology firms operated through Commerce authorities, not through the Iran order. Treating these actions as one sanction would erase the compliance channel and the legal test attached to each instrument.

Second administration and the 2026 tariff cases

The second administration initially used the International Emergency Economic Powers Act for tariffs addressing drug trafficking and trade deficits. On 20 February 2026, the Supreme Court held in Learning Resources, Inc. v Trump that the Act does not authorise presidential tariffs. It affirmed the relevant Court of International Trade judgment while disposing of the companion case on jurisdictional grounds.

The administration responded the same day with a temporary import surcharge under Section 122 of the Trade Act of 1974. On 7 May, a divided Court of International Trade held that the proclamation exceeded that statute and granted relief to importer plaintiffs. The court declined to issue a universal injunction. The surcharge was designed for 150 days, and any account of collections, refunds or appellate consequences must preserve the later procedural record.

The government appealed on 8 May. The Federal Circuit stayed the trade court's judgments pending appeal on 11 June. The surcharge nevertheless reached the expiry set by its own terms at 12:01 a.m. eastern daylight time on 24 July 2026. The appellate stay did not decide the merits or itself resolve refunds for earlier collections.

On 23 July 2026, Trump directed final Section 301 action following investigations concerning forced-labour import prohibitions in 60 economies. The United States Trade Representative then imposed differentiated 10 and 12.5 per cent treatment, with product exceptions and specified rules accounting for existing most-favoured-nation rates. It was a different authority and policy rationale from the invalidated emergency tariffs.

Assessment

Trump's practice combines market-access pressure with negotiation and frequent modification. It also exposes legal limits: presidential economic leverage depends on the authority Congress supplied, the findings an instrument requires and judicial review. Motive should be drawn from dated presidential records, not slogans or a general political biography.

The record also separates announcement from operation. A memorandum may direct the Trade Representative to act, but tariff liability depends on the implementing notice, product schedule and effective date. A court holding may invalidate authority without instantly resolving refunds, liquidation or every related measure. Those distinctions are especially important in a live administration.

This living-person entry records official conduct and public policy only. Office and operative tariff status were checked on 29 July 2026 and require another release-day check.

See also

United States maximum-pressure sanctions campaign against Iran (2018-2021) · United States Section 232 steel and aluminium tariffs (2018-present) · International Emergency Economic Powers Act (1977) · Tariff as coercive instrument

Sources

  1. The White House, President Donald J. Trump, office status checked 29 July 2026.
  2. President of the United States, Executive Order 13846, reimposing certain sanctions with respect to Iran, 6 August 2018.
  3. Supreme Court of the United States, *Learning Resources, Inc. v Trump*, 20 February 2026.
  4. President of the United States, temporary import surcharge addressing international-payments problems, 20 February 2026.
  5. United States Court of International Trade, *Oregon v United States* and *Burlap & Barrel, Inc. v United States*, Slip Opinion 26-47, 7 May 2026.
  6. President of the United States, memorandum directing Section 301 action concerning 60 economies, 23 July 2026.
  7. United States Court of Appeals for the Federal Circuit, order granting a stay pending appeal in *Oregon v United States* and *Burlap & Barrel, Inc. v Trump*, 11 June 2026.
  8. Office of the United States Trade Representative, final action in forced-labour Section 301 investigations concerning 60 economies, 23 July 2026.

Recommended citation

Cite this entry

Tennant, James J., ed. 'Donald Trump.' The Encyclopedia of Economic Statecraft, version 2.0, last reviewed 29 July 2026. https://jamesjtennant.com/entries/donald-trump/.

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