Letitia James hits Trump with major new tariff lawsuit: "Unlawful"

On today’s TradePulse Minute, a legal storm is brewing—New York and 11 other states just sued the Trump administration over sweeping global tariffs, claiming they’re unconstitutional and misuse the International Emergency Economic Powers Act. These tariffs, including 25 percent duties on Canadian and Mexican goods, have roiled markets and risk triggering a recession. Here’s the AI insight: if upheld, this use of IEEPA would set a dangerous precedent—transforming a national security tool into a unilateral trade weapon, bypassing Congress and destabilizing global supply chains. The lawsuit could redefine executive power in trade policy—stay tuned.https://www.newsweek.com/new-york-letitia-james-trump-tariffs-lawsuit-2063473

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