International Emergency Economic Powers Act (IEEPA)

The International Emergency Economic Powers Act (IEEPA) is a U.S. law that allows the President to manage and respond to national emergencies that threaten the country's security, economy, or foreign policy. Under this law, the President can impose sanctions, control exports, and take other economic measures against foreign entities or countries. This act gives the government the necessary tools to act quickly in situations like conflicts, terrorism, or significant international crises, ensuring that the U.S. can protect its interests effectively.