The largest lobbying force for corporate America is considering suing the Trump administration to block the implementation of the president's new tariffs set to go into effect Wednesday, two sources with direct knowledge of the discussions told Fortune.
The US Chamber of Commerce, which represents millions of US businesses big and small but which is heavily funded by industry titans, has been weighing taking the tariff battle to the courts and is being urged to do so by some of its largest members. The move would effectively provide cover for companies distressed about the tariffs' impact on their businesses but fearful of incurring the President's wrath by openly criticizing his trade policy.
While the exact legal argument behind the group's potential suit could not be learned, the Chamber could argue that President Trump's invocation of emergency powers to impose the new tariffs is illegal. Last week, a nonprofit called New Civil Liberties Alliance recently took a similar approach, filing suit on behalf of a small business owner who imports goods from China, arguing that the president did not have the legal authority to impose his February tariffs on China. Trump had done so by invoking the 50-year-old Emergency Economic Powers Act (IEEPA), arguing that China had not done enough to help stem the U.S. fentanyl crisis.
Posted by John3262005
2 Comments
Man that would be a fight I would love to watch.
Please, deep state, save us.