April 15, 2025 - 00:26
A coalition of small businesses across the United States has taken legal action against the Trump administration, asserting that the tariffs imposed by the president are unlawful. Filed on Monday, the lawsuit claims that these tariffs violate the International Emergency Economic Powers Act (IEEPA). The businesses argue that the administration overstepped its authority by implementing such measures without proper justification or adherence to established legal protocols.
The plaintiffs contend that the tariffs have caused significant harm to their operations, leading to increased costs and reduced competitiveness in the global market. They assert that the economic strain inflicted by these tariffs undermines their ability to thrive and grow. The lawsuit seeks to challenge the legality of these tariffs and aims to hold the administration accountable for what they describe as an overreach of power.
This case highlights the ongoing tensions surrounding trade policies and their impact on small businesses, which often bear the brunt of such economic decisions. As the legal proceedings unfold, many are watching closely to see how this challenge may influence future trade regulations and the broader economic landscape.
June 20, 2025 - 09:40
A Change of Heart: Choosing Not to Pursue an MBA in the USWhen he started considering business schools, his family and friends assumed he would opt for the US. Growing up in Asia, the allure of prestigious American institutions was strong, and many...
June 19, 2025 - 17:58
Francini Inc. Delays Development Plans at Blue Clay Business ParkThe first company to acquire land in New Hanover County`s Blue Clay Business Park, Francini Inc., has announced a temporary halt to its development plans. Sean Banester, the company`s location...
June 19, 2025 - 05:56
Economic Pressures Mount in U.S. and Arkansas Amid Tariff UncertaintyU.S. and Arkansas economic growth continues to slow with fewer jobs added this year and the cost of living rising with inflation on essentials like food and shelter. Experts indicate that ongoing...
June 18, 2025 - 18:47
Business Insider Welcomes Kim Last as Editorial Director of BI LiveIn a significant leadership change, Kim Last has been appointed as the Editorial Director of BI Live. This strategic move is expected to enhance the platform`s editorial direction and strengthen...