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The Economic Times

Top News / The Economic Times

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Trumps new tariffs prompt lawsuit from small businesses

The Trump administration faces two new lawsuits challenging its latest global tariffs of 10%-12.5%, imposed under Section 301 of the Trade Act. Small businesses argue the tariffs unlawfully revive measures previously struck down by the US Supreme Court and fail to justify country-specific actions. The cases add to ongoing legal disputes over billions of dollars in refunds from earlier invalidated tariffs.

25 Jul 2026 6:54 am