Trump Retaliates Against Spain's Refusal to Lend Base for Iran Strike, to Impose Full Trade Embargo

BlockBeats News, March 4th. On Tuesday, U.S. President Trump threatened to impose a comprehensive trade embargo on Spain after the European and NATO ally refused to allow U.S. military to use its base in Spain for missions related to countering Iran.

Trade law scholars say that following last month's Supreme Court ruling against Trump's use of various tariffs based on the IEEPA, Trump does have the authority to impose a trade embargo. However, he would need to declare a national emergency, citing Spain as an "unusual and extraordinary threat" to the United States.

The Spanish government responded in a statement, stating that the U.S. must respect the autonomy of private businesses, international law, and the U.S.-EU bilateral trade agreement. (Golden Finance)