{"id":48724,"date":"2026-07-28T11:45:28","date_gmt":"2026-07-28T11:45:28","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=48724"},"modified":"2026-07-28T11:45:28","modified_gmt":"2026-07-28T11:45:28","slug":"small-businesses-sue-trump-administration-over-new-section-301-tariffs","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=48724","title":{"rendered":"Small Businesses Sue Trump Administration Over New Section 301 Tariffs"},"content":{"rendered":"

\"\"<\/p>\n

Small businesses are suing the Trump administration over newly enacted tariffs under Section 301 of the Trade Act.<\/p>\n

These challenges target duties of 10 percent or 12.5 percent on goods from more than 60 countries, reports<\/a> Axios.<\/p>\n

The tariffs took effect after temporary Section 122 measures lapsed last week and aim to address concerns over forced labor in supply chains.<\/p>\n

One complaint, brought by the Liberty Justice Center on behalf of spice importer Burlap & Barrel and watch retailer Collective Horology, claims officials set rates in advance and later crafted justifications for specific economies.<\/p>\n

Another suit involves toymaker Learning Resources, which previously prevailed in a Supreme Court case striking down tariffs under emergency powers, along with a flooring company and related entities.<\/p>\n

Plaintiffs argue the administration used broad findings instead of proving how individual nations\u2019 practices harm U.S. commerce as required by statute.<\/p>\n

Collective Horology co-founder Asher Rapkin noted that prior tariffs already cost the firm over $160,000 with refunds still pending.<\/p>\n

The company imports watches from Switzerland and lacks viable domestic alternatives for many products.<\/p>\n

Courts rejected an earlier tariff attempt under emergency authorities, and litigation over the Section 122 round continues on appeal.<\/p>\n

The White House offered no comment on the new filings, though officials previously defended the measures as responses to unfair trade practices.<\/p>\n

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The post Small Businesses Sue Trump Administration Over New Section 301 Tariffs<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

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