States led by New York sue to block Trump’s latest tariffs, calling them an illegal end-run around Supreme Court

States led by New York sue to block Trump’s latest tariffs, calling them an illegal end-run around Supreme Court


Key Points
  • New York AG Letitia James and other state prosecutors sued to block Trump’s new tariffs and demand refunds after the Supreme Court struck down his previous IEEPA tariffs.
  • The lawsuit says Trump is misusing Section 122 of the Trade Act of 1974 and violating the Constitution and statutory rules requiring consistent tariff application.
  • The move follows the Supreme Court defeat of Trump’s original tariffs and comes amid prior legal conflicts between Trump and James, whose federal indictment was dismissed and not revived.



Source

Stocks making the biggest moves after hours: Amazon, Apple, Steel Dynamics and more
Finance

Stocks making the biggest moves after hours: Amazon, Apple, Steel Dynamics and more

Check out the companies making headlines after the bell : Zions — Shares slipped almost 3% after the regional bank reported net interest income in its first quarter of $662 million, coming in below the $674.5 million analysts polled by StreetAccount had anticipated. However, Zions’ earnings of $1.56 per share beat the consensus forecast of […]

Read More
Stocks making the biggest moves midday: Stanley Black & Decker, American Airlines, Dow, Marvell Technology & more
Finance

Stocks making the biggest moves midday: Stanley Black & Decker, American Airlines, Dow, Marvell Technology & more

Check out the companies making the biggest moves in midday trading: Stanley Black & Decker — The power toolmaker jumped more than 4% after it said recent changes to Section 232 tariffs aren’t supposed to have a material impact on its full-year forecast . Section 232 tariffs set a general 50% rate on aluminum, steel […]

Read More