Companies ask Supreme Court to quickly hear Trump tariffs challenge
UNITED STATES, JUN 17 – Two educational toy companies argue President Trump lacked authority under IEEPA to impose tariffs raising costs by $660 billion annually, seeking swift Supreme Court review.
- On June 10, two small businesses filed a petition asking the U.S. Supreme Court to quickly review the legality of President Trump's tariffs imposed under IEEPA.
- The petition follows lower court rulings, including a May 29 decision by Judge Contreras that found the tariffs illegal and paused their enforcement pending appeal.
- Learning Resources, an Illinois toy company, and its sister company hand2mind argue that the tariffs create crippling uncertainty and impose unjustified costs on U.S. businesses and consumers.
- Learning Resources CEO Rick Woldenberg expressed that many businesses increasing their prices are doing so reluctantly, highlighting the significant toll tariffs are taking.
- The companies urge the Supreme Court to hear the case this fall to resolve the dispute rapidly and prevent further financial harm, while the government defends the tariffs as a necessary tool for trade and national interests.
125 Articles
125 Articles
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