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Some 3,500 U.S. companies sue over Trump-imposed Chinese tariffs
Source: Reuters
U.S. LEGAL NEWS
SEPTEMBER 25, 2020 4:12 PM UPDATED 2 HOURS AGO
Some 3,500 U.S. companies sue over Trump-imposed Chinese tariffs
By David Shepardson
3 MIN READ
WASHINGTON (Reuters) - About 3,500 U.S. companies, including Tesla Inc, Ford Motor Co, Target Corp, Walgreen Co and Home Depot have sued the Trump administration in the last two weeks over the imposition of tariffs on more than $300 billion in Chinese-made goods.
The suits, filed in the U.S. Court of International Trade, named U.S. Trade Representative Robert Lighthizer and the Customs and Border Protection agency and challenge what they call the unlawful escalation of the U.S. trade war with China through the imposition of a third and fourth round of tariffs.
The legal challenges from a wide variety of companies argue the Trump administration failed to impose tariffs within a required 12-month period and did not comply with administrative procedures.
The companies challenge the administration’s “unbounded and unlimited trade war impacting billions of dollars in goods imported from the People’s Republic of China by importers in the United States,” according to a suit filed by auto parts manufacturer Dana Corp.
-snip-
SEPTEMBER 25, 2020 4:12 PM UPDATED 2 HOURS AGO
Some 3,500 U.S. companies sue over Trump-imposed Chinese tariffs
By David Shepardson
3 MIN READ
WASHINGTON (Reuters) - About 3,500 U.S. companies, including Tesla Inc, Ford Motor Co, Target Corp, Walgreen Co and Home Depot have sued the Trump administration in the last two weeks over the imposition of tariffs on more than $300 billion in Chinese-made goods.
The suits, filed in the U.S. Court of International Trade, named U.S. Trade Representative Robert Lighthizer and the Customs and Border Protection agency and challenge what they call the unlawful escalation of the U.S. trade war with China through the imposition of a third and fourth round of tariffs.
The legal challenges from a wide variety of companies argue the Trump administration failed to impose tariffs within a required 12-month period and did not comply with administrative procedures.
The companies challenge the administration’s “unbounded and unlimited trade war impacting billions of dollars in goods imported from the People’s Republic of China by importers in the United States,” according to a suit filed by auto parts manufacturer Dana Corp.
-snip-
Read more: https://www.reuters.com/article/us-usa-china-tariffs/some-3500-u-s-companies-sue-over-trump-imposed-chinese-tariffs-idUSKCN26G31G