US EditionTrump sued over ‘Liberation Day’ tariffs
- Five small businesses sued President Trump over newly imposed tariffs on foreign imports on Monday.
- Trump claimed trade deficits created an emergency, using the IEEPA to enact the tariffs.
- The suit challenges Trump's authority to impose tariffs without congressional approval, alleging illegal power usurpation.
- The 'Liberation Day' tariffs include a blanket 10% tariff on imports and higher rates for many nations.
- The lawsuit seeks to block the tariffs, arguing they harm businesses and are not a legitimate emergency.
162 Articles
162 Articles
Trump’s Tariff Policy: How Zero-Sum Thinking Could Be America’s Economic Downfall? – Knowhere News
Throughout history, dangerous economic theories have caused immense harm to countries and their citizens. From Marxism to other forms of anti-capitalist ideologies, these beliefs have led nations into deep poverty. However, rarely have zero-sum thinking and scapegoating caused such economic havoc in such a short period as we’ve seen since Trump’s “Liberation Day” announcement. Zero-sum thinking, a core principle behind Trump’s tariff policies, i…
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thedailyeconomy.orgCongress Must Take Back Control Over Tariffs
On April 2, President Donald Trump made a sweeping declaration that could reshape the global economic landscape for years. Deemed “Liberation Day,” his announcement of reciprocal tariffs on nearly every major trading partner marked the most dramatic shift in American trade policy levels not seen in a century since the infamous Smoot-Hawley Tariff Act of the 1930s, which triggered a global trade war and worsened the Great Depression. Trump’s prot…
'Trump Is Bringing Democracy Back': Is Trump the Most Honest Politician in Washington?
It’s been 15 days since “Liberation Day,” the day President Donald Trump announced a slew of tariffs on foreign goods. After unexpected movement in the bond market—bond yields rose rather than fell—Trump announced a 90-day pause on many of his April 2 tariffs. Since Liberation Day, however, the administration claims more than 130 countries have come to the negotiating table. Both proponents and critics of Trump’s tariffs can agree that the ongoi…
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