Small business owners and Senator Cantwell are voicing their opposition to tariffs
The Supreme Court is set to weigh the constitutionality of President Donald Trump's Liberation Day tariffs in two upcoming cases: Learning Resources v. Trump and Trump v. V.O.S. Selections.
The tariffs, which the administration claims are a means to tackle what President Trump considers "unfair" trade policy between the US and allies, have sparked controversy and concern among small business owners across the country.
On a "We Pay the Tariffs" Day of Action, close to 100 small business owners from across the nation headed to the Hill to express their concerns about the potential costs of the tariffs. Alex Wolf, owner of Spielcraft Games in Omaha, addressed the crowd, voicing his worries about the impact on his business, which he has invested years and savings into. Tiffany Williams, owner of Luggage Shop of Lubbock, also expressed skepticism about the long-term benefits of the tariffs.
Senator Maria Cantwell (D-OR) has been a vocal critic of the tariffs, stating that they are being paid by small businesses. She has also advocated for her bipartisan "Trade Review Act", which aims to reaffirm Congress' role in trade policy. The power of tariffs, according to Cantwell, rests with the U.S. Congress, as outlined in Article 1, Section 8 of the U.S. Constitution.
The group behind "We Pay the Tariffs" disagrees with the administration's claim that the tariffs would boost American manufacturing and help the economy in the long run. They argue that the cost of the tariffs is passed on to consumers. Senator Cantwell has questioned the long-term gains promised by the tariffs, stating that they could lead to higher prices for American families.
The Supreme Court's arguments for these cases are set to start on November 5th, with the court preparing to tackle the constitutionality of President Trump's Liberation Day tariffs. The outcome of these cases could have significant implications for American trade policy and the economy.
Read also:
- Shaping India's Economic Progression: Readying the Financial System for Tomorrow
- Two farmers in Zambia take legal action against two firms with Chinese connections, alleging an ecological disaster caused by their operations.
- Deepening EU-India relations despite apprehensions regarding Moscow connections
- Ongoing Transition Towards Cleanliness
