Governor says import tariffs are ‘wreaking chaos’ on the state’s families, businesses and economyCalifornia is preparing to ask a court to block Donald Trump’s “illegal” tariffs, accusing the president of overstepping his authority and causing “immediate and irreparable harm” to the world’s fifth-largest economy.The lawsuit, to be filed in federal court on Wednesday by California’s governor, Gavin Newsom, and attorney general, Rob Bonta, is the most significant challenge yet to Trump’s flurry of on-again-off-again tariffs. In the complaint, California officials argue that the US constitution explicitly grants Congress the power to impose tariffs and that the president’s invocation of emergency powers to unilaterally escalate a global trade war, which has rattled stock markets and raised fears of recession, is unlawful. Continue reading...
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