1 Day
Source:
The Fiscal Times
Lack of Lawsuit Against Trump’s Canada Tariffs
President Trump has imposed new tariffs on Canada under Section 338 of the Tariff Act of 1930, maxing out at 50 percent on a wide range of goods, including vehicles, alcohol, dairy, and various consumer products. Despite the legal and constitutional questions surrounding the use of this rarely invoked law, no lawsuits have yet been filed to challenge these tariffs, possibly due to the high costs, legal risks, and potential repercussions for U.S. businesses. While many American companies could benefit from challenging the tariffs, concerns over litigation risks and lack of incentives have kept legal action at bay.
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