President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a large swath of universal tariffs on allies and adversaries, four sources familiar with the matter told CNN,

President-elect Donald Trump is considering putting the U.S. in a state of national emergency to execute his broad tariff plan, according to CNN, citing sources familiar. A final decision has not yet been made and Trump's team is also evaluating alternative legal options for implementing the taxes on imports,

U.S. President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries, CNN reported on Wednesday,

The emergency powers would grant Trump the ability to construct a new tariff programme without having to demonstrate traditional national security justifications

Donald Trump is reportedly considering declaring a national economic emergency to impose tariffs across several industries, according to CNN. Multiple sources suggest that this move would allow the president-elect to implement tariffs on both allies and adversaries using the Economic Emergency Powers Act.