Counsel for two members of the Blackfeet Nation tribe that recently filed a lawsuit against the recent tariff action taken by President Donald Trump told us that she believes jurisdiction to be proper in the U.S. District Court for the District of Montana. Monica Tranel, the attorney for Montana state Sen. Susan Webber and rancher Jonathan St. Goddard, also said that she believes she can obtain a preliminary injunction against the spate of tariffs recently imposed on Canada due to the size of the harm to the agriculture and tourism industry in western Montana.
The EU announced on April 10 that it has placed its planned counter-tariffs on hold for 90 days following President Donald Trump's April 9 decision to withdraw his reciprocal tariffs on most countries (see 2504090069).
House Democrats, left and center, introduced a bill that would roll back all the tariffs imposed under the International Emergency Economic Powers Act -- 10% global tariffs and those on Canada and Mexico -- and would require that most tariffs, quotas, tariff rate quotas or concessions receive approval from Congress before going into effect.
The Trump administration's decision to pause most reciprocal tariffs on April 9 was a "well-planned move" and not a reaction to the bond market, National Economic Council director Kevin Hassett said in an interview with CNBC April 10.
President Donald Trump said that the 10% universal tariff rate that he imposed on April 2 is not necessarily permanent, depending on what other countries are willing to give the U.S. in return for removal.
President Donald Trump should “fully revoke” tariffs in the wake of his 90-day pause announcement Wednesday, said Consumer Technology Association CEO Gary Shapiro in a statement. “We appreciate President Trump's willingness to pause most tariffs,” but the additional 10% universal baseline tariffs, which are still in effect, and the “continued uncertainty” are “already hurting American small businesses,” Shapiro said. The pause doesn’t affect China, and in a post Wednesday on Truth Social, Trump announced an increase in tariffs on that country’s imports to 125%. Many consumer electronics are manufactured in China, including most iPhones. “CTA urges President Trump to focus his efforts on what he does best, dealmaking,” Shapiro said. “Now is the time to reposition the United States with our allies as a reliable trading partner while growing the American and global economy."
The pause on higher country-specific reciprocal tariffs for all covered countries except China took effect just after midnight on April 10, CBP said in a CSMS message.
Exporters and other companies could start seeing an uptick in government subpoenas as the Bureau of Industry and Security looks to increase export penalties, industry officials said this week, adding that businesses should make sure they’re scrutinizing transactions and watching for red flags.
President Donald Trump said April 9 that he’s hiking tariffs on Chinese imports to 125% "effective immediately."
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