Two family-owned businesses have petitioned the U.S. Supreme Court to hear a challenge to President Donald Trump’s most extensive global tariffs program. This marks the first time the Supreme Court has been asked to consider striking down these tariffs, which have had widespread economic implications worldwide. The businesses are seeking to bypass the appeals court and have the Supreme Court hear oral arguments as early as this fall. The legal challenge comes amid ongoing debates over the tariffs' impact on American companies, particularly those with ties to China, and broader concerns about the future of global trade relations. Experts and legal analysts are closely watching the case, which could reshape the legal landscape surrounding Trump’s trade policies. The issue also highlights tensions between federal agencies and the administration over the tariffs' effects on the economy.
Trump's trade war has thrown American businesses that deal with China into chaos. Listen to the Big Take Asia Podcast to find out how one toymaker is challenging the president's tariffs in the courts https://t.co/EdZVB3uV8R https://t.co/WZ4WQv3zYE
🔊 US trade partners braces for another looming tariff deadline. On The Big View podcast, Richard Baldwin of IMD Business School explains why hostility to US imports is now a bipartisan issue, and why the global trade system can survive Trump’s onslaught https://t.co/GJBATtNtAE
President Trump's ongoing trade war has created significant turmoil for American businesses with ties to China. On today’s Big Take Asia Podcast: How one toymaker is fighting back. https://t.co/5jPAYeMH1X