Court rejects Trump tariffs, dismisses claims from NC and most states
The US Court of International Trade has rejected tariffs the Trump administration imposed by proclamation in February under Section 122 of the federal Trade Act of 1974.
The lawsuit challenges Trump’s 10% import tariff on most goods. The crux of the disagreement centers on interpretation of Section 122 of the 1974 Federal Trade Act.
Legal challenges to President Donald Trump’s latest tariffs head to a federal courtroom Friday in New York City. North Carolina Attorney General Jeff Jackson backs one of the cases.
On Wednesday, NC Attorney General Jeff Jackson joined 11 other state attorneys general in a letter calling on Congress to refund businesses and consumers for increased costs, including $3.5 billion that he said was imposed on North Carolinians, after the Supreme Court ruled the federal government’s tariffs unlawful.
Two North Carolina professors and one former state House Republican leader have signed on to a brief supporting states that challenge President Donald Trump’s latest tariffs in federal court.
A multistate lawsuit filed against President Donald Trump’s latest tariffs will head to a federal court hearing on April 10.
The Trump administration has until Oct 14 to appeal the ruling to the US Supreme Court.
Across-the-board tariffs and the uncertainty they create undermine that stability, making it harder for state budget writers to project revenues and plan responsibly.
US Appeals Court lifts block on global tariffs, after Trump administration appeals trade court ruling.
Something smells unpleasant to U.S. textile manufacturers of late. Socks. And a few other things. No, it's not the socks that are the source of the smell; it's the source of the socks that stinks, according to some. As of January 1, 2005, all quotas on textile and apparel products that enter the United States, Canada, and the European Union have been removed.