U.S. Supreme Court turns away challenge to Trump steel tariffs

[Yo_Mama_Been_Loggin]

Source: Reuters

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday declined to hear a challenge by steel companies to former President Donald Trump's 2018 decision to double tariffs on steel imports from Turkey on national security grounds - a policy move defended by President Joe Biden's administration.

The justices turned away an appeal by steel importers - including Transpacific Steel LLC and the Jordan International Company as well as Turkish steel producer Borusan Mannesmann and its U.S. subsidiary - of a lower court's ruling against their challenge.

Trump increased what had been a 25 percent tariff to 50 percent, which the steel companies have argued exceeded his authority. They had sought repayment from the U.S. government of the $54 million they paid collectively in duties.

At issue is a president's authority under a federal law called the Trade Expansion Act. That law lets a president set tariffs for the purpose of protecting national security.

Read more: https://www.yahoo.com/news/u-supreme-court-turns-away-135025020.html

[ck4829]

1. Silly that we're not doing preclusive purchasing to starve Russia's war machine

[Eugene]

2. Easier said than done, as there is a steel shortage.

Prices are in a post-lockdown bubble along with the supply chain snarls.

[The Mouth]

3. Let's start making *everything* we possibly can here in the USA

Imports just impoverish us and promote slave labor and pollution in the rest of the world.