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IPFS News Link • Lawsuits

3,500 Corporations So Fed Up With Trump's Tariffs They Sue the US

• https://www.thestreet.com, Mish

Coca Cola, Disney, Ford, Abbott Labs, Tesla, and Home Depot are among the Thousands of Companies Suing the US Over Tariffs.

About 3,500 U.S. companies, including Tesla Inc, Ford Motor Co , Target Corp, Walgreen Co, and Home Depot have sued the Trump administration in the last two weeks over the imposition of tariffs on more than $300 billion in Chinese-made goods.

The suits, filed in the U.S. Court of International Trade, named U.S. Trade Representative Robert Lighthizer and the Customs and Border Protection agency and challenge what they call the unlawful escalation of the U.S. trade war with China through the imposition of a third and fourth round of tariffs.

The legal challenges from a wide variety of companies argue the Trump administration failed to impose tariffs within a required 12-month period and did not comply with administrative procedures.

Blown Away By the Number of Cases

The Financial Times cites Nasim Fussell, a lawyer who was the top trade counsel for the Republican-controlled senate finance committee until last month.

"I am completely blown away by the number of cases being filed. I just think the sheer number is very descriptive of the pain that this has caused," said Fussell

Corporations No Longer Fear the Wrath of Trump

Corporations were once afraid of the wrath of Trump. Not any longer.

Those lawsuits came in the past few weeks. 

Trade Wars are Good and Easy to Win


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