Foreword
Throughout its history, the United States has used economic sanctions as a coercive tool against foreign governments, individuals and entities in furtherance of U.S. foreign policy objectives. Sanctions can take many forms, including limits on trade, blocking of assets, limits on access to the U.S. financial system, restrictions on loans and investments, and the denial of foreign assistance or participation in international financial institutions. The Constitution gives Congress the power to impose sanctions under the Article I, Section 8 authorities to lay taxes and levies. Congress delegated authority to the president to impose sanctions under the National Emergencies Act (NEA)…