California's Newsom Sues Trump Over 'Devastating' Tariff Regime.

TARIFF; TRUMP, Donald, 1946-; CAPITALISM; UNITED States. District Court (California : Northern District); RECESSIONS; GOVERNORS; NEWSOM, Gavin, 1967-; CIVIL procedure; PRESIDENTIAL administrations; EXECUTIVE power

MEXICO (Mexico : State); UNITED States; CALIFORNIA

California Governor Gavin Newsom has filed a lawsuit against President Donald Trump over the implementation of tariffs, challenging the president's use of emergency powers to enact broad tariffs against Mexico, China, and Canada. Newsom and California Attorney General Rob Bonta are seeking a court order to immediately block the levies, citing harm to consumers and businesses in California, which has the world's fifth-largest economy. The lawsuit alleges that Trump's tariffs have had devastating impacts on the economy, causing chaos in the stock and bond markets, wiping out market capitalization, and threatening to push the country into recession. The case is State of California v. Trump, 25-cv-03372, US District Court, Northern District of California. [Extracted from the article]

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