Close Menu
    National News Brief
    Sunday, June 21
    • Home
    • Business
    • Lifestyle
    • Science
    • Technology
    • International
    • Arts & Entertainment
    • Sports
    National News Brief
    Home » U.S. businesses sue to block Trump tariffs, say trade deficits are not an emergency

    U.S. businesses sue to block Trump tariffs, say trade deficits are not an emergency

    Team_NationalNewsBriefBy Team_NationalNewsBriefApril 14, 2025 International No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A group of five small businesses on Monday sued President Donald Trump, seeking to block new tariffs that he has imposed on foreign imports in recent weeks.

    The lawsuit in the U.S. Court of International Trade alleges that Trump has illegally usurped Congress’ power to levy tariffs by claiming that trade deficits with other countries constitute an emergency.

    “Congress has not delegated any such power,” the suit says. “The statute the President

    invokes — the International Emergency Economic Powers Act (‘IEEPA’) — does not authorize the President to unilaterally issue across-the-board worldwide tariffs.”

    The Liberty Justice Center, which is representing the owner-operated companies, said Trump’s so-called Liberation Day tariffs of at least 10% on imports from most countries, and higher rates for scores of other nations, are devastating small businesses across the country.”

    “His claimed emergency is a figment of his own imagination: trade deficits, which have persisted for decades without causing economic harm, are not an emergency,” the suit says.

    “Nor do these trade deficits constitute an ’unusual and extraordinary threat.”

    The Liberty Justice Center noted that the Trump administration imposed tariffs even on countries with which the United States does not have a trade deficit, “further undermining the administration’s justification.”

    “This Court should declare the President’s unprecedented power grab illegal, enjoin the operation of the executive actions that purport to impose these tariffs under the IEEPA and reaffirm this country’s core founding principle: there shall be no taxation without representation,” the suit says.

    The plaintiffs include New York-based VOS Selections, which imports and distributes small-production wines, spirits, and sakes; FishUSA in Pennsylvania, a retail and wholesale e-commerce business making and selling sportfishing tackle and related gear; and Genova Pipe in Utah, which makes plastic pipe, conduit, and fittings for plumbing, irrigation, drainage, and electrical applications.

    The other plaintiffs are MicroKits LLC in Virginia, which makes educational electronic kits and musical instruments, and Terry Precision Cycling, a Vermont-based brand of women’s cycling apparel.

    “Terry Cycling has already paid $25,000 in unplanned tariffs this year for goods for which Terry was the importer of record, and Terry projects that the tariffs will cost the company approximately $250,000 by the end of 2025,” the suit says.

    Terry Cycling in 2026 expects to “face an estimated $1.2 million in tariff costs — an amount that is simply not survivable for a business of its size,” the suit says.

    CNBC has requested comment from the White House on the lawsuit.



    Source link

    Team_NationalNewsBrief
    • Website

    Keep Reading

    ¡Alemania le da la vuelta al marcador con doblete de Deniz Undav!

    1 dead and 5 wounded in Kansas City, Missouri shooting

    Israel continues Lebanon strikes despite fresh ceasefire

    El USMNT se hace cada vez más fuerte y Brasil se reafirma como favorito en el Mundial

    Así reaccionaron las figuras del partido a la victoria de Estados Unidos sobre Australia

    Teen killed in Central Park horse carriage accident was celebrating high school graduation

    Add A Comment

    Comments are closed.

    Editors Picks

    ‘The Onion’ has launched a creative agency, and it’s no joke. (We think)

    September 29, 2025

    Opinion | Consciousness Lives in Our Bodies

    March 31, 2026

    Developers go their own way as jobs dry up

    August 5, 2025

    Trump Celebrates ‘Obnoxious’ Joy Reid Getting Canceled by MSNBC

    February 24, 2025

    Washington State Democrats Leak Tax Plan

    January 7, 2025
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    About us

    Welcome to National News Brief, your one-stop destination for staying informed on the latest developments from around the globe. Our mission is to provide readers with up-to-the-minute coverage across a wide range of topics, ensuring you never miss out on the stories that matter most.

    At National News Brief, we cover World News, delivering accurate and insightful reports on global events and issues shaping the future. Our Tech News section keeps you informed about cutting-edge technologies, trends in AI, and innovations transforming industries. Stay ahead of the curve with updates on the World Economy, including financial markets, economic policies, and international trade.

    Editors Picks

    Gordon Ramsay’s Daughter Holly Announces Major Family News

    June 21, 2026

    Los Angeles under state of emergency due to warehouse fire

    June 21, 2026

    US refuses to ease Iran World Cup travel restrictions for Belgium match | World Cup 2026 News

    June 21, 2026

    Maple Leafs GM addresses Matthew Knies trade speculation

    June 21, 2026
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Nationalnewsbrief.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.