The U.S. Court of International Trade held its first hearing on a lawsuit by 12 states accusing former President Trump of overstepping his authority with "reciprocal tariffs" that disrupted trade and the economy.
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00:00The U.S. Court of International Trade holds its first hearing on Wednesday on a lawsuit by 12 states challenging President Donald Trump's reciprocal tariffs.
00:10The plaintiffs have argued that Trump has exceeded his authority, made trade policy unpredictable and caused economic disruption.
00:18Filed on April 23rd, the suit argues Trump misused the International Emergency Economic Powers Act to justify tariffs that lack a true national emergency.
00:31The law defines an emergency as an unusual and extraordinary threat to the U.S., which they argue a trade deficit does not constitute.
00:40The states warn the tariffs would raise the cost of living for American families by an average of US$3,800 annually.
00:49The Trump administration currently faces at least seven legal challenges over its tariffs.
00:54A similar case brought by five small businesses was heard by the trade court last week.