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Businesses are contemplating a risky strategy to fight tariffs: suing President Trump.
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“The problem is that if they confine their criticism to insulting personal attacks on everybody in the administration, and that the entire project is worthless, they’re not going to get a very good hearing,” said Oren Cass, founder of the pro-tariff conservative think tank American Compass.
He added that the business community could fare better by providing specific examples in critiquing Trump’s tariff agenda.
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President Donald Trump claimed vindication of his strategy to use tariffs to wring concessions from foreign governments.
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The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.
Why Trump Is Right About Tariffs
Taxing imported goods is unpopular with economists, but it could help the U.S. lower the trade deficit, strengthen its industrial base and safeguard national security.
