Five small businesses have filed a lawsuit against President Donald Trump in the U.S. Court of International Trade to block new tariffs on foreign imports. The businesses argue that Trump is exceeding his power by imposing tariffs under the International Emergency Economic Powers Act without Congress’ approval. The tariffs, known as Liberation Day tariffs, are harming small businesses across the country, according to the Liberty Justice Center representing the plaintiffs. The lawsuit challenges Trump’s claim that trade deficits with other countries constitute an emergency, stating that deficits have not caused economic harm in the past. The plaintiffs include companies such as VOS Selections, FishUSA, Genova Pipe, MicroKits LLC, and Terry Precision Cycling, who have already incurred significant unexpected tariff costs. The lawsuit seeks to declare Trump’s tariff imposition illegal and prevent further financial harm to small businesses. The White House has been asked for a response to the lawsuit, but has not commented yet.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.