Five companies filed a lawsuit against the Trump administration over its decision to impose tariffs on nearly every country in the world, arguing that President Donald Trump overstepped his authority.
On April 2, Trump announced that he would impose 10 percent baseline tariffs on nearly every country and higher rates for nations with which the United States is at a significant trade deficit. A week later, the president paused the reciprocal tariffs for dozens of countries, but not for China, for which he raised the tariff rate to 145 percent.
