Close Menu
The Financial News 247The Financial News 247
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
What's On

Jerome Powell got off the hook for the ‘Palace of Versailles’ renovation — but he’s guilty of being a lousy Fed Chair

October 3, 2026

Ohio truck factory lays off 1,400 days before Trump midterm rally in the area

October 3, 2026

Disney pays $115 million for Yamaha’s Orange County headquarters

October 3, 2026

Senate passed Protect College Sports Act — but it faces tough second half in the House

October 2, 2026

Bari Weiss’ fate up in the air as Paramount prepares to close Warner Bros merger: sources

October 2, 2026
Facebook X (Twitter) Instagram
The Financial News 247The Financial News 247
Demo
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
The Financial News 247The Financial News 247
Home » Small businesses file lawsuit challenging Trump’s new ‘forced labor’ tariffs

Small businesses file lawsuit challenging Trump’s new ‘forced labor’ tariffs

By News RoomJuly 24, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn WhatsApp Telegram Reddit Email Tumblr
Small businesses file lawsuit challenging Trump’s new ‘forced labor’ tariffs
Share
Facebook Twitter LinkedIn Pinterest Email

Two US small businesses on Friday challenged President Trump’s latest round of tariffs on goods from 60 trading partners, saying that the new policy, like most of Trump’s previous tariffs, went beyond the president’s authority to tax imports.

The lawsuit, filed in the US trade court in New York, argues that the new tariffs require more detailed country-specific findings about “forced labor to be legally justified.

The two small businesses, backed by a nonprofit legal group that successfully sued over previous rounds of tariffs, argued that the president is trying to re-impose tariffs that were already ruled illegal by the US Supreme Court.

Shipping containers at Guangzhou Port in Nansha district, China.
The two small businesses, backed by a nonprofit legal group that successfully sued over previous rounds of tariffs, argued that the president is trying to re-impose tariffs that were already ruled illegal by the US Supreme Court.

The ​Trump administration on Friday imposed new tariffs of 10% and 12.5% on 60 trading ‌partners, including the European Union, over allegations that they were not doing enough to stop the export of goods produced with forced labor. The new tariffs took effect just as a temporary 10% global tariff expired.

Trump has made tariffs ​a central pillar of his foreign policy, using ​them as ⁠leverage to negotiate trade deals around the globe. But the Supreme Court ruled against most of Trump’s widest-ranging tariffs on Feb. 20, finding that the International Emergency Economic Powers Act (IEEPA) does not authorize the president to unilaterally impose tariffs on trading partners.

Trump responded to that ruling by criticizing the court and imposing a new and temporary 10% global tariff under different legal authority. Those tariffs, like IEEPA tariffs, were also imposed under a section of the law that no previous president had used to impose tariffs, and they were also ruled illegal by the U.S. trade court. The Trump administration is appealing that ruling.

Friday’s tariffs were imposed under Section 301 of the Trade Act of 1974, which is meant to combat unfair or discriminatory economic practices by other nations.

Donald Trump speaking at the Environmental Protection Agency.
The ​Trump administration on Friday imposed new tariffs of 10% and 12.5% on 60 trading ‌partners, including the European Union

Unlike IEEPA or the temporary global tariff authority, Section 301 has been used regularly by past presidents.

But the states and small businesses said in their lawsuit that Section 301 tariffs have historically been targeted to address specific nations and industries, and Trump’s broad-brush approach has no historical precedent.

Business donald trump lawsuits politics small business tariffs
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related News

Jerome Powell got off the hook for the ‘Palace of Versailles’ renovation — but he’s guilty of being a lousy Fed Chair

October 3, 2026

Ohio truck factory lays off 1,400 days before Trump midterm rally in the area

October 3, 2026

Disney pays $115 million for Yamaha’s Orange County headquarters

October 3, 2026

Senate passed Protect College Sports Act — but it faces tough second half in the House

October 2, 2026

Bari Weiss’ fate up in the air as Paramount prepares to close Warner Bros merger: sources

October 2, 2026

Hedge funds placing short bets as midterms loom: Who’re they targeting?

October 2, 2026
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Ohio truck factory lays off 1,400 days before Trump midterm rally in the area

Business October 3, 2026

SPRINGFIELD, Ohio — Sipping tea from beer mugs with his co-workers, Kyle Bos listed the…

Disney pays $115 million for Yamaha’s Orange County headquarters

October 3, 2026

Senate passed Protect College Sports Act — but it faces tough second half in the House

October 2, 2026

Bari Weiss’ fate up in the air as Paramount prepares to close Warner Bros merger: sources

October 2, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

Hedge funds placing short bets as midterms loom: Who’re they targeting?

October 2, 2026

Mark Thompson safe at CNN for now — but Bari Weiss could still loom over network’s future: report

October 2, 2026

Europe diesel release won’t have much impact on US prices: experts

October 2, 2026

How AI Assistants Get Paid Will Decide Whether They Help Or Harm Patients

October 2, 2026
The Financial News 247
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact us
© 2026 The Financial 247. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.