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States led by New York sue to block Trump’s latest tariffs, calling them an illegal end run around Supreme Court

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States led by New York sue to block Trump’s latest tariffs, calling them an illegal end run around Supreme Court


U.S. President Donald Trump and New York Attorney General Letitia James.

Brian Snyder | David Dee Delgado | Reuters

New York Attorney General Letitia James and the top prosecutors of 23 other states once again sued to block President Donald Trump‘s global tariff regime, just days after a landmark Supreme Court decision struck down his previous effort.

Their lawsuit, filed Thursday in the Court of International Trade, seeks to deem Trump’s latest tariffs illegal and order refunds to states.

Last month, the Supreme Court invalidated most of Trump’s sweeping “Liberation Day” tariffs implemented last year, saying that his use of the International Emergency Economic Powers Act to impose duties was improper.

But the president sought to keep his signature policy alive by immediately announcing a new wave of tariffs, these based on another law, Section 122 of the Trade Act of 1974. That global tariff rate is currently set at 10%, but the Trump administration has said it plans to raise it to 15%.

“After the Supreme Court rejected his first attempt to impose sweeping tariffs, the president is causing more economic chaos and expecting Americans to foot the bill,” James said in a statement provided to CNBC.

“President Trump is ignoring the law and the Constitution to effectively raise taxes on consumers and small businesses,” she said.

The move from the coalition of state attorneys general — most of whom were part of the successful effort to block Trump’s original tariffs — adds to the ongoing international uncertainty created by the president’s tariff policies. On Wednesday, a federal court ruled that companies that paid tariffs struck down last month by the Supreme Court are due billions of dollars in refunds.

“The President is using his authority granted by Congress to address fundamental international payments problems and to deal with our country’s large and serious balance-of-payments deficits,” said White House spokesman Kush Desai. “The Administration will vigorously defend the President’s action in court.”

Misuse of law

In their lawsuit, James and the coalition argue that Trump is misusing Section 122 of the 1974 trade act, which they say was designed to address specific monetary imbalances possible when the U.S. was under the gold standard, rather than to combat trade imbalances.

The attorneys general also contend that the tariffs violate the Constitution’s separation-of-powers principle giving Congress the power to impose duties, and that Trump’s levies violate the 1974 trade act’s requirements that they be applied consistently across countries.

The effort is “a clear attempt to escape the Supreme Court’s ruling in the case against the tariffs imposed under IEEPA,” according to James.

Last year, James and 11 other states sued the Trump administration to halt his original round of tariffs. That effort was eventually combined with suits from small businesses affected by tariffs in the Supreme Court case that handed Trump one of the biggest legal setbacks of his second term.

Trump and James have had their own legal entanglements.

His administration’s Justice Department indicted James in October on two counts, bank fraud and making false statements to a financial institution.

James, however, faces no charges after a judge threw out her indictment and two grand juries separately declined to revive those efforts.

Correction: A previous version of this story misstated the timing of the lawsuit from James and other state attorneys general.



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Anta: The Chinese sports brand taking on Nike and Adidas

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Anta: The Chinese sports brand taking on Nike and Adidas



Now one of the biggest sportswear firms, Anta’s rise follows a playbook adopted by many Chinese giants.



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Gold price prediction today: Will gold prices continue to be volatile? Key levels to watch out for April 27, 2026 week – The Times of India

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Gold price prediction today: Will gold prices continue to be volatile? Key levels to watch out for April 27, 2026 week – The Times of India


Gold prices recently moved from the upper band toward the mid-band (20 DMA), and are now attempting to stabilize. (AI image)

Gold price prediction today: Gold prices will closely track movements on the rate decisions by several central banks, including the US Federal Reserve, this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold is currently consolidating after sharp swings in a broad range, indicating a pause rather than a reversal. Price action shows a higher-high structure intact, but the recent sideways movement suggests indecision near the upper supply zone around 158,000–160,000. The formation resembles a short-term flag/triangle continuation pattern, where a breakout on either side will define the next directional move. Volume has tapered slightly, reinforcing the consolidation narrative.Gold prices recently moved from the upper band toward the mid-band (20 DMA), and are now attempting to stabilize. The bands have started to contract, signaling a potential volatility expansion ahead. Sustaining above the mid-band (~150,500–151,000 zone) keeps bullish bias intact, while a breakdown below this could trigger a deeper mean reversion toward the lower band.For the week, immediate support for gold prices is placed at around Rs 150,500, which is followed by stronger support near Rs 148,500. On the upside, the resistance stands at around Rs 155,500, and after that the key supply zone is at Rs 158,000. A decisive close for gold above Rs 158,000 levels can then resume the broader uptrend. However, a break in gold prices below levels of Rs 148,500 may shift the momentum to bearish in the near term.The economic docket is filled with data points and events this week as the focus will be on FED, BOJ, ECB and ECB policy meetings. US consumer confidence, GDP, inflation and durable goods orders data will also be in radar.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)



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‘I don’t want the children to see us worried’: UK families feel financial hit of Iran war

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‘I don’t want the children to see us worried’: UK families feel financial hit of Iran war



British families tell BBC Panorama how the Iran war is affecting their monthly budgets.



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