24 States File Lawsuit to Stop Trump’s Latest Global Tariffs

Insurance Journal
Twenty-four states are suing President Trump over his newly imposed 10% global tariffs, arguing they are illegal following a recent Supreme Court ruling.

Summary

Twenty-four U.S. states filed a lawsuit against President Donald Trump’s administration on Thursday, challenging his recently implemented 10% global tariffs. The states, led by Democratic attorneys general, contend that the tariffs are unlawful, representing an attempt to circumvent a recent Supreme Court decision that invalidated many of Trump’s previous tariffs. They argue that Trump is improperly using the Trade Act of 1974, intended for short-term monetary emergencies, to address routine trade deficits.

Oregon Attorney General Dan Rayfield stated the tariffs are an “end run” around Congress, violating the U.S. Constitution. He further emphasized that Trump’s economic policies have cost Americans “hundreds of billions of dollars.” The White House defended the president’s actions, asserting he is utilizing authority granted by Congress to address international payment issues and balance-of-payments deficits.

The lawsuit seeks to block the new tariffs and secure refunds for any payments already made under the authority of Section 122 of the Trade Act of 1974. This legal challenge follows a Supreme Court ruling on February 20th that limited the president’s authority to impose tariffs without congressional approval. The states involved include those with Democratic attorneys general, as well as Pennsylvania and Kentucky, which have Democratic governors and Republican attorneys general.

(Source:Insurance Journal)

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