“Economically Reckless”: 12 US States Sue Trump Over Tariffs

Trump has imposed an additional 145 percent import duties on China, and Beijing responded with its own 125 percent tariffs on US goods. On Wednesday, Trump told reporters he’s working on a “fair deal with China.”

Washington:

A coalition of 12 American states filed a lawsuit Wednesday to challenge the Trump administration’s tariffs, saying the president cannot institute the levies without the approval of Congress.

“President Trump’s insane tariff scheme is not only economically reckless — it is illegal,” Arizona Attorney General Kris Mayes said in a statement.

The southwestern state is joined by Democratic-led Minnesota, New York, Oregon and others in the filing. Separately, California filed a similar suit a week ago.

President Donald Trump has sent markets into tumult in his second term, turning decades of free trade policy on its head with his “Liberation Day” announcements of new tariffs against numerous countries.