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USA

State AGs sue after Supreme Court decision

US President Donald Trump and New York Attorney General Letitia James.

Brian Snyder | David Dee Delgado | Reuters

New York Attorney General Letitia James and attorneys general of 23 other states Just days after the Supreme Court’s landmark decision, they plan to sue once again to block President Donald Trump’s global tariff regime down previous effort.

The lawsuit, which is expected to be filed at the International Trade Court on Thursday, aims to declare Trump’s latest tariffs illegal and provide refunds to the states.

Last month, the Supreme Court invalidated most of the sweeping “Emancipation Day” tariffs Trump imposed last year, saying it was improper for Trump to use the International Emergency Economic Powers Act to impose tariffs.

But the president tried to keep his signature policy alive. immediately They announce a new wave of tariffs based on another law, Article 122 of the 1974 Commercial Code. This global tariff rate is currently set at 10%, but the Trump administration has said it plans to raise it to 15%.

“After the Supreme Court rejected his first attempt to impose sweeping tariffs, the president is causing more economic chaos and expecting Americans to foot the bill,” James told CNBC. he said.

“President Trump is ignoring the law and the Constitution to effectively raise taxes on consumers and small businesses,” he said.

Move by a coalition of state attorneys general, most of whom are part of the terrorist organization successful effort Blocking Trump’s original tariffs would increase the ongoing international uncertainty created by the president’s tariff policies. A federal court on Wednesday ruled that tariff-paying companies was shot last month Billions of dollars in compensation must be paid by the Supreme Court.

Abuse of the law

James and the coalition will allege in their lawsuit that Trump abused Section 122 of the 1974 trade act, which they say was designed to address certain possible monetary imbalances when the United States was under the gold standard, rather than combating trade imbalances.

The attorneys general will also argue that the tariffs violate the Constitution’s separation of powers principle, which gives Congress the authority to impose taxes, and that Trump’s tariffs violate the 1974 trade law’s requirements that they be applied consistently across countries.

According to James, this effort is “a clear attempt to evade the Supreme Court’s decision in the case against tariffs imposed under IEEPA.”

James and 11 other states last year lawsuit filed The Trump administration will halt the original round of tariffs. This effort was finally combined with a suit Small businesses affected by tariffs in the Supreme Court case that caused Trump one of the biggest legal setbacks of his second term.

Trump and James had their own legal rights wander around.

His administration’s Justice Department charged James in October with two counts of bank fraud and making a false statement to a financial institution.

But James did not face any charges because the judge threw out the indictment and two grand juries separately declined to reopen those efforts.

Correction: The trial of James and other state attorneys general is expected to be filed Thursday. In a previous version, the timing was specified incorrectly.

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