The Trump administration proposed 25% tariffs on Brazilian imports after a Section 301 investigation into trade practices including digital trade, deforestation and anti-corruption enforcement. Brazil’s President Luiz Inácio Lula da Silva denounced the move and said his government could retaliate.
Posts tagged as “the International Emergency Economic Powers Act”
A U.S. trade court invalidates President Trump’s 10% tariffs, ordering refunds to businesses and citing failure to meet legal standards under the Trade Act of 1974. The ruling follows a Supreme Court decision that blocked Trump’s earlier tariffs.
The Trump administration has launched multiple trade investigations into over a dozen countries, including the EU, China, and Mexico, focusing on "structural excess capacity" in manufacturing that may harm U.S. wages and market access. These probes, conducted under Section 301 of the Trade Act, aim to determine whether new tariffs should be imposed before the current global 10% tariff expires in July, with potential increases to 15% also under consideration. Additionally, separate investigations will target forced labor compliance in about 60 countries, raising concerns among U.S. trading partners and threatening recent trade agreements.
California Governor Gavin Newsom and Attorney General Rob Bonta have filed a lawsuit against the Trump administration, challenging the use of emergency powers to impose tariffs on U.S. trading partners. The lawsuit, submitted to the U.S. District Court for the Northern District of California, argues that former President Trump exceeded his authority under the International Emergency Economic Powers Act, infringing upon the constitutional separation of powers by bypassing necessary congressional approval. This legal action seeks to reinforce the requirement for congressional involvement in economic decisions, potentially impacting the balance of power between the executive and legislative branches regarding international trade policy.