Florida stationery company files first lawsuit challenging Trump tariffs

News Snapshot:

A Florida stationery entrepreneur has become the first to legally challenge Donald Trump’s new China tariffs, claiming they were imposed illegally and threaten American small businesses. Emily Ley, a lifestyle influencer and the founder of Simplified, filed a federal lawsuit on Thursday in Florida against Trump and his administration, arguing the president unlawfully bypassed required procedures when implementing the 20% tariff on Chinese imports. The legal challenge comes amid escalating global trade tensions, including China announcing retaliatory tariffs of 34% on all US goods starting on 10 April in response to Trump’s “liberation day” tariffs. Global markets have already seen...