Trump tariffs live: Dozens of US states sue to stop ‘insane’ policy as president threatens more global levies
A dozen states are suing the Trump administration over its “reckless” and “insane” tariff policies.
The states, including Oregon, Arizona, Illinois, Minnesota, New Mexico and New York, said the policy introduced by Donald Trump was based on a “whim” rather than due process, and would be an added burden to their states’ consumers.
Arizona’s Attorney General Kris Mayes said: “President Trump’s insane tariff scheme is not only economically reckless – it is illegal.”
The lawsuit comes as the president warned he could re-impose the higher tariffs in as little as two weeks.
Within hours of introducing so-called reciprocal tariffs as high as 50 percent on dozens of countries, Trump said he would pause those duties for 90 days to allow time for negotiations.
But on Wednesday, he said if no “great deals” are reached, he will impose the tariffs.
“I’d say over the next couple of weeks, wouldn’t you say? I think so. Over the next two,” he said on Wednesday, CNN reports.
Trump also attacked Federal Reserve chair again, saying Jerome Powell had made a “mistake” keeping interest rates on hold.
