US EditionTrump's fall-back tariffs face court scrutiny, skeptical voters
Trump imposed a 10% global tariff under an untested 1974 law after the Supreme Court invalidated prior tariffs, sparking multiple lawsuits and new trade investigations.
- The U.S. Court of International Trade gave the federal government less than a month to respond to two lawsuits challenging Trump's use of Section 122 of the Trade Act of 1974 to impose a 10% global import tariff, which he plans to raise to 15%.
- Trump used Section 122 after the Supreme Court struck down tariffs under a 1977 law; this law has never been tested in courts before and is being challenged as not permitting these new tariffs.
- Small businesses and Democrat-led states argue that Section 122 does not justify the tariffs, stating the provision is limited to international balance-of-payments problems that are unlikely under current conditions.
- Experts predict ongoing legal challenges may reach the Supreme Court amid growing voter opposition linked to rising prices attributed to the tariffs.
14 Articles
14 Articles
In this very uncertain environment, companies tend to secure investments, which threatens to destabilise the world economy.
Watauga Democrat
Trump's fall-back tariffs face court scrutiny, skeptical voters
(The Center Square) – President Donald Trump's new global import taxes are facing mounting backlash from price-conscious voters and legal challenges in a Manhattan trade court that could ultimately return to the U.S. Supreme Court.
ussanews.com
discernmoney.comTrump’s Fall-Back Tariffs Face Court Scrutiny, Skeptical Voters
(Just The News)—President Donald Trump’s new global import taxes are facing mounting backlash from price-conscious voters and legal challenges in a Manhattan trade court that could ultimately return to the U.S. Supreme Court. The U.S. Court of International Trade gave the federal government less than a month to respond to the two lawsuits challenging Trump’s...
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