Small businesses mount legal challenge to Trump latest global tariffs - Reuters
Small businesses mount legal challenge to Trump latest global tariffs Reuters
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Notable Quotes
"The Supreme Court has already ruled that the President cannot unilaterally impose worldwide tariffs."
— Jeffrey Schwab , Executive
"None of this is pro-business or pro-American."
— Elizabeth Vitanza , Executive
"The money that we had set aside to renovate our showroom, to maybe increase people’s salaries – to do things that businesses do with money that they budget for – suddenly was now being cut into in substantial and unexpected ways."
— John Ballon , Executive
"How do I go to REI with pricing when I don’t even know what [it’s] going to be?"
— Rob Coughlin , Executive
"The tariffs, especially those on Brazil, have raised our costs by about $1m in the last year."
— Dr Charlie Elrod , Executive
"I had not even considered it as a possibility."
— Howard Trenholme , Executive
"Once again, President Trump is ignoring the law and the Constitution to effectively raise taxes on consumers and small businesses."
— Letitia James , Politician
"The Trump administration’s illegal and reckless tariff policies continue to weigh on the businesses, farmers, and consumers across New York State, hindering the state’s overall economy."
— Kathy Hochul , Politician
Key People
Former president of the United States known for his aggressive economic policies.
Dr Charlie Elrod is the founder of a company that makes natural health products for livestock.
Elizabeth Vitanza is a small business owner who runs a lighting and home furnishings company in Los Angeles.
Howard Trenholme is a bakery and cafe owner based in Moab, Utah.
Director of Litigation at the Liberty Justice Center.
John Ballon is the co-owner of a lighting and home furnishings company in Los Angeles.
Kathy Hochul is the Governor of New York.
Letitia James is the Attorney General of New York.
Rob Coughlin manages a Minnesota-based outdoor gear company called Granite Gear.
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<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxPNFhtMlVoYVJFa1NEZ3BJU0VBQWZocmhDaXU3MWJSNEZjdUpHM0pSTWpvRks1MjQ1ZEVoSHVRSU0tTnhTWVN5cG5JS3ItQlRmanpFUVJtRUlJaExPWlNMczVHbnlWT04tY1FuRno2RkxQM01DM29YQW1aTUdOR25CNGFuYkJpVVJlMTVNSkNqY0ZaSEotVDltNF9yRFpVODBfUG1YU0xHN0NNa3pUMnZLZlBoOUpqaU1yM3Iw?oc=5" target="_blank">Small businesses mount legal challenge to Trump latest global tariffs</a> <font color="#6f6f6f">Reuters</font>
Two small businesses, Burlap & Barrel, Inc. and Basic Fun Inc., have filed a lawsuit against the Trump administration, challenging the legality of the newly imposed 10% global tariffs on imported goods. They argue that the president cannot reimpose these tariffs using a different law after the Supreme Court invalidated the previous ones.
Spice importer Burlap & Barrel, Inc. and toy company Basic Fun Inc. have filed a lawsuit against the Trump administration, arguing that the president cannot reimpose a global 10% tax on imported goods after the Supreme Court struck down previous tariffs.
Small business owners express skepticism about receiving refunds after the Supreme Court invalidated Trump's tariffs, citing concerns over the complexity and potential legal costs involved in claiming reimbursements.
New York Attorney General Letitia James, along with a coalition of 21 other attorneys general and the governors of Kentucky and Pennsylvania, has filed a lawsuit to block the Trump administration's latest attempt to impose tariffs, arguing that the president lacks the authority to do so.
The Liberty Justice Center has filed a lawsuit challenging the Trump administration's attempt to impose new global tariffs under Section 122 of the Trade Act of 1974, following the Supreme Court's ruling that previous tariffs under the International Emergency Economic Powers Act were unconstitutional.
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