US court keeps Trump tariffs in force against group of small businesses

investing.com 22/04/2025 - 23:13 PM

By Dietrich Knauth

NEW YORK (Reuters) – A U.S. federal court on Tuesday allowed President Donald Trump’s tariffs against a group of small businesses to remain in force for now, stating the businesses had not demonstrated immediate harm from the new import taxes.

A group of five companies sued the Trump administration last week, as part of five lawsuits claiming the president overstepped his authority by imposing broad tariffs on foreign trading partners.

The small businesses requested a temporary restraining order to block the tariffs immediately, but a three-judge panel of the U.S. Court of International Trade ruled that the tariffs can stay in place while the lawsuit progresses. The panel will hear arguments for a recommended longer-term pause on the tariffs during a May 6 court hearing in Washington, D.C.

This ruling from the U.S. Court of International Trade is the first decision regarding whether the tariffs should be suspended during ongoing court challenges.

The Liberty Justice Center, a nonpartisan legal group representing the small business plaintiffs, did not immediately respond to a request for comment late Tuesday.

Trump introduced the new tariffs on April 2, claiming that the U.S. trade deficit was a “national emergency” warranting a 10% across-the-board tariff on all imports, with higher rates for countries with significant trade deficits with the U.S., particularly China.

These tariffs have alarmed U.S. markets and faced criticism from other nations, investors, U.S. businesses, and trade groups. Trump and his administration claim that the tariffs will revive manufacturing jobs in the U.S., despite causing short-term economic pain.

The U.S. Court of International Trade lawsuit was filed on behalf of five small U.S. businesses that import goods from nations subject to the tariffs. The businesses include a New York wine and spirits importer and a Virginia maker of educational kits and musical instruments.

The Trump administration also faces similar lawsuits from the State of California, members of the Blackfeet Tribe in Montana, a Florida paper goods business, and a D.C.-based educational toy company. The administration has argued that these cases should be consolidated in the U.S. Court of International Trade.




Comments (8)

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    Mr.T

    05:12 - 23/04/2025

    ok nice!

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    Mr.T

    05:12 - 23/04/2025

    ok nice!

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    thaithanhphu05@gmail.com

    04:25 - 23/04/2025

    Ok

    avatar

    Sáng

    04:15 - 23/04/2025

    Ok

    avatar

    Ngan

    03:40 - 23/04/2025

    Ok

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