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-0.000234137204401733 0.000702411613205365 0.00105361741980805 0.00262233668929997 0.000526808709904024 -0.00210723483961593 -0.00105361741980805 -0.00257550924841956
Stock impact report

Can Trump’s Tariffs Be Undone In Court? First Lawsuit Targets ‘Liberation Day’ Orders As Conservative Lawyers Protest Policy [Forbes]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Forbes
major legal challenge to them was filed in court Monday, as conservative lawyers have alleged the president is exceeding his authority by enacting tariffs under the International Emergency Economic Powers Act (IEEPA). Key Facts Trump has used the IEEPA as the legal justification for his tariffs, as the president first levied tariffs on China, Canada and Mexico before issuing and then paring back more sweeping tariffs on most foreign goods, now imposing a baseline 10% on most foreign imports while many Chinese goods face an import fee of at least 145% The IEEPA gives presidents power to take major economic steps and impose sanctions during national emergencies—defined as an “unusual and extraordinary threat” to the U.S.— saying they can “investigate, regulate or prohibit” foreign transactions, trade of currency and securities, and payments or credits that involve the foreign countries posing a threat. It does not say anything explicitly about tariffs, however, which has sparked Show less Read more
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