States Sue To Block Trump's 10% Global Tariff On U.S. Imports

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Markit3.71K FollowersFollow5ShareSavePlay(4min)CommentsSummaryA coalition of nearly a dozen states has sued the Trump administration to block the 10% global tariff imposed after a recent US Supreme Court decision on tariffs.The lawsuit argues that the tariffs do not meet the requirements of Section 122 and violate the Constitution's separation of powers.In the filing, the states said that Trump's changes to tariff policy have created significant costs for the states as agencies attempt to interpret policy through social media posts, executive orders, proclamations, and other sources. zimmytws/iStock via Getty Images A coalition of nearly a dozen states has sued the Trump administration to block the 10% global tariff imposed after a recent US Supreme Court decision on tariffs.
President Donald Trump signed a proclamation onThis article was written byMarkit3.71K FollowersFollowIHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
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