United States: California Governor, Attorney file lawsuit to end Donald Trump's tariffs

California Governor Gavin Newsom and California Attorney General Rob Bonta filed a lawsuit in federal court challenging United States President Donald Trumps authority to impose sweeping tariffsNewsom and Bonta have filed a lawsuit in the United States District Court for the Northern District of California requesting that the court declare the tariffs imposed by Trump void and enjoin their implementationThe lawsuit argues that Trump lacks the authority to unilaterally impose tariffs through the International Economic Emergency Powers Act creating immediate and irreparable harm to CaliforniaThe statement issued on Wednesday said Governor Gavin Newsom and California Attorney General Rob Bonta today filed a lawsuit in federal court challenging President Trumps use of emergency powers to enact broadsweeping tariffs that hurt states consumers and businessesThe lawsuit argues that President Trump lacks the authority to unilaterally impose tariffs through the International Economic Emergency Powers Act creating immediate and irreparable harm to California the largest economy manufacturing and agriculture state in the nation it addedAccording to the statement these tariffs have disrupted supply chains inflated costs for the state and people of California and caused damages worth billions on Californias economyIn the statement Newsom said President Trumps unlawful tariffs are wreaking chaos on California families businesses and our economy driving up prices and threatening jobs Were standing up for American families who cant afford to let the chaos continueRob Bonta stressed that Trumps implementation of tariffs is deeply troubling and illegal He said that people of California are bracing for fallout from the effect of choices made by US PresidentThe Presidents chaotic and haphazard implementation of tariffs is not only deeply troubling its illegal As the fifth largest economy in the world California understands global trade policy is not just a game Californians are bracing for fallout from the impact of the Presidents choices from farmers in the Central Valley to small businesses in Sacramento and worried families at the kitchen table this game the President is playing has very real consequences for Californians across our state I am proud to go to bat alongside Governor Newsom to fight for Californias vibrant economy businesses and residents Bonta said in a statementThe statement said The lawsuit argues that President Trump lacks the authority to unilaterally impose tariffs against Mexico China and Canada or create an acrosstheboard 1037 tariff The Presidents use of the International Economic Emergency Powers Act IEEPA to enact tariffs is unlawful and unprecedented The IEEPA gives Trump authorites to take certain actions if he declares a national emergency in response to a foreign national security foreign policy or economic threat Enacted by Congress in 1977 the law specifies many different actions the President can take However tariffs is not one of them In fact US President has for the first time tried to rely on this law to impose tariffs according to the statementThe statement said The lawsuit invokes the US Supreme Courts major questions doctrine which holds that in novel matters of vast economic and political significance federal agencies and the executive branch must have clear and specific authorization from Congress In recent years the Court has applied this standard to strike down major initiatives including President Obamas Clean Power Plan and President Bidens student loan forgiveness program ruling that novel executive actions with broad impacts on the national economy cannot rest on vague statutory authorityEarlier this month Donald Trump imposed reciprocal tariffs on dozens of countries with which the country has a trade deficit Later he decided to pause the tariffs for 90 days after many countries initiated talks with the US administration for a trade dealAccording to a fact sheet released by the White House Chinas retaliatory actions have resulted in up to a 245 per cent tariff on imports to the United States Prior to the latest revision a 145 per cent tariff was being levied on Chinese exports to the United StatesTrump unveiled the Fair and Reciprocal Plan on trade to restore fairness in US trade relationships and counter nonreciprocal trade agreements Trumps reciprocal tariffs have led to a broadbased fall in financial markets globally with markets plunging in Asia and Europe The reciprocal tariffs have set off a selloff in equities globally and the US itself is no exceptionSince assuming office for his second term President Trump has reiterated his stance on tariff reciprocity emphasising that the United States will match tariffs imposed by other countries including India to ensure fair tradeThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday 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