Four people familiar with the matter told CNN that Trump is considering declaring a national economic emergency to provide a legal basis for imposing a large number of general tariffs. The declaration would allow Trump to use the International Economic Emergency Powers Act (IEEPA) to enact a new tariff schedule, which unilaterally authorizes the president to manage imports during a national emergency. One of the sources noted that Trump likes the law because it gives broad jurisdiction over how to implement tariffs without strict requirements to prove that the tariffs are motivated by national security concerns. The Trump transition team did not respond to a request for comment.