Five companies filed a lawsuit against the Trump administration over its decision to impose tariffs on nearly every country in the world, arguing that President Donald Trump overstepped his authority.
On April 2, Trump announced that he would impose 10 percent baseline tariffs on nearly every country and higher rates for nations where the United States is at a significant trade deficit. A week later, the president paused the reciprocal tariffs for dozens of countries except for China, for which he raised the tariff rate to 145 percent.
The libertarian-aligned Liberty Justice Center filed a lawsuit on behalf of the companies in the U.S. Court of International Trade, alleging that a statute that Trump invoked “does not authorize the President to unilaterally issue across-the-board worldwide tariffs.”...