● Importantworld2 outlets covering this

Small businesses launch new Trump tariff challenge

First publishedJul 27, 12:05 UTC
Last updatedJul 27, 23:17 UTC · just now ago
11 outletFortune11 outletAxios
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The small businesses that brought two high-profile legal challenges to President Trump's trade agenda are suing to block the latest round of tariffs.Why it matters: The lawsuits set up another legal test of Trump's tariff agenda after courts this year rejected one tariff regime and cast doubt on another.What's new: One lawsuit was filed on behalf of Burlap & Barrel, which previously challenged Trump's temporary Section 122 tariffs, and watch retailer Collective Horology. The other was brought by toymaker Learning Resources — which won a Supreme Court case overturning Trump's tariffs under the International Emergency Economic Powers Act— along with a flooring manufacturer and affiliated firms.Catch up quick: The lawsuits challenge the administration's new tariffs imposed under Section 301 of the Trade Act, which took effect last week as the White House's temporary Section 122 levies expired.

Reported by 2 outlets Axios, Fortune. See all sources ↓

The small businesses that brought two high-profile legal challenges to President Trump's trade agenda are suing to block the latest round of tariffs.Why it matters: The lawsuits set up another legal test of Trump's tariff agenda after courts this year rejected one tariff regime and cast doubt on another.What's new: One lawsuit was filed on behalf of Burlap & Barrel, which previously challenged Trump's temporary Section 122 tariffs, and watch retailer Collective Horology. The other was brought by toymaker Learning Resources — which won a Supreme Court case overturning Trump's tariffs under the International Emergency Economic Powers Act— along with a flooring manufacturer and affiliated firms.Catch up quick: The lawsuits challenge the administration's new tariffs imposed under Section 301 of the Trade Act, which took effect last week as the White House's temporary Section 122 levies expired. The action generally imposes tariffs of 10% or 12.5% on imports from more than 60 economies that the Trump administration says failed to adequately block goods made with forced labor.What they're saying: The Liberty Justice Center, representing Burlap & Barrel and Collective Horology, argues that the administration stretched what Congress intended as a targeted trade remedy into a sweeping global tariff regime.U.S. Trade Representative Jamieson Greer "determined the tariff rates first ...

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In brief
What's the story?
The small businesses that brought two high-profile legal challenges to President Trump's trade agenda are suing to block the latest round of tariffs.Why it matters: The lawsuits set up another legal test of Trump's tariff agenda after courts this year rejected one tariff regime and cast doubt on another.What's new: One lawsuit was filed on behalf of Burlap & Barrel, which previously challenged Trump's temporary Section 122 tariffs, and watch retailer Collective Horology. The other was brought by toymaker Learning Resources — which won a Supreme Court case overturning Trump's tariffs under the International Emergency Economic Powers Act— along with a flooring manufacturer and affiliated firms.Catch up quick: The lawsuits challenge the administration's new tariffs imposed under Section 301 of the Trade Act, which took effect last week as the White House's temporary Section 122 levies expired.
How widely is it covered?
2 outlets, average source rating 6.5/10.
When was it last updated?
just now ago.
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    Small businesses immediately sue Trump over new tariff regime

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