24 states, including New York, sue Trump over new tariffs
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Scott Bessent says that "likely sometime this week" the US will increase its global tariff on imports from the existing 10%.
Chocolate makers and fig-paste importers are facing a tangle of unknowns, including whether to seek refunds for tariffs invalidated by the Supreme Court.
Saying costs to North Carolina households is an estimated $800 to $1,300 this year because of government tariffs, Attorney General Jeff Jackson on Thursday enjoined the state in litigation led by Oregon Attorney General Dan Rayfield.
The lawsuit comes less than two weeks after the state led a coalition that won a Supreme Court victory against Trump’s sweeping “emergency” tariffs.
Attorney General Kris Mayes filed a lawsuit against the Trump administration to challenge the latest round of tariffs. Mayes co-led a coalition of attorneys general in filing the lawsuit to block
Treasury Secretary Scott Bessent also predicted that overall tariff rates, which fell after a Supreme Court ruling last month, would be back to previous levels within five months.
A US judge has ordered that the Trump administration halt a key step in the tariff payment process in order to make any refunds simpler after the US Supreme Court struck down the president’s global levies.