Some 3,500 US companies sue over Trump-imposed Chinese tariffs | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

WASHINGTON, Sept 26 ― About 3,500 US 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 US$300 billion (RM1.25 trillion) in Chinese-made goods. The suits,...

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. — Reuters pic

The suits, filed in the US Court of International Trade, named US Trade Representative Robert Lighthizer and the Customs and Border Protection agency and challenge what they call the unlawful escalation of the US trade war with China through the imposition of a third and fourth round of tariffs. 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.

One suit argues the administration cannot expand tariffs to other Chinese imports “for reasons untethered to the unfair intellectual property policies and practices it originally investigated.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines