Businesses and Lawyers Prepare Legal Fight Against Trump's Tariffs
A coalition of businesses and conservative legal experts are reportedly preparing a legal challenge to former President Trump's recently imposed tariffs. Sources familiar with the matter suggest the lawsuit, which claims the tariffs are unconstitutional, could be filed as early as this week. The legal action aims to overturn the tariffs, arguing they exceed executive authority and harm American consumers and businesses. The outcome of this case could significantly impact international trade relations.
The legal challenge is expected to focus on the argument that Congress, not the executive branch, holds the power to regulate international trade. The plaintiffs will likely argue that the tariffs negatively impact American businesses by increasing costs and disrupting supply chains. They may also argue that the tariffs harm consumers by raising prices on imported goods.
The lawsuit is being closely watched by trade experts and economists, as its outcome could have significant implications for future trade policy. A successful challenge could limit the ability of future presidents to impose tariffs unilaterally, while a defeat could embolden the executive branch to use tariffs more freely. The case is expected to be a lengthy and complex legal battle.
Source: Read the original article at ABC