AssetID: 55532257
Headline: UNCAPTIONED: 24 States Sue to Block Trump's New Global Tariffs
Caption: 24 States Sue to Block Trump’s New Global Tariffs. A coalition of 24 Democratic state attorneys general and governors filed a lawsuit to block President Donald Trump’s new 10 percent global tariff. The lawsuit, filed in the U.S. Court of International Trade, argues the tariffs are unconstitutional and violate federal law. New York Attorney General Letitia James accused Trump of ignoring the law and raising costs for consumers and small businesses. The states are seeking to have the tariffs declared illegal and want refunds for any costs incurred while they were in effect. Attorneys general from New York, Oregon, Arizona and California are leading the legal challenge. The lawsuit follows a Supreme Court ruling that Trump exceeded his authority when imposing earlier tariffs under the 1977 International Emergency Economic Powers Act. Trump replaced those tariffs with a temporary 10 percent duty under Section 122 of the 1974 Trade Act, which allows short-term import surcharges. State officials argue the administration is misusing the law by claiming the U.S. trade deficit qualifies as a balance of payments crisis. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Donald Trump,Letitia James,U.S. Court of International Trade,global tariffs,Section 122 Trade Act,International Emergency Economic Powers Act,trade deficit lawsuit,tariffs,U.S. trade policy
PersonInImage: