California Sues Trump Over Tariffs, Claims Use Of Emergency Powers To Impose Trade Taxes Is Illegal

Benzinga

California filed a federal lawsuit Wednesday challenging President Donald Trump’s sweeping tariff regime, according to CNBC. The lawsuit argued that the president's use of emergency economic powers to impose tariffs is illegal. Governor Gavin Newsom said Trump lacks the authority to impose sweeping tariffs. The lawsuit claims Trump’s use of the International Economic Emergency Powers Act to implement his reciprocal tariff plan is unlawful and without precedent.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02California filed a federal lawsuit Wednesday challenging President Donald Trump's sweeping

00:06tariff regime, according to CNBC. The lawsuit argued that the president's use of emergency

00:11economic powers to impose tariffs is illegal. Governor Gavin Newsom said Trump lacks the

00:16authority to impose sweeping tariffs. The lawsuit claims Trump's use of the International Economic

00:21Emergency Powers Act to implement his reciprocal tariff plan is unlawful and without precedent.

00:28For all things money, visit Benzinga.com slash GSTV.

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