New York Leads Multistate Charge Against Trump Administration’s ‘Unlawful’ Tariffs in Sweeping Legal Showdown

New York — New York Attorney General Letitia James and Governor Kathy Hochul are spearheading a significant legal challenge against the Trump administration, supported by attorneys general from 11 other states. The basis of this legal suit, filed in the U.S. Court of International Trade, is the claim that the administration unlawfully utilized the International Emergency Economic Powers Act (IEEPA) to implement extensive tariffs on imports from numerous countries, without discriminating between adversaries and allies. This legal measure, announced earlier this month, comes in response to President Trump’s recent introduction of tariffs which include a … Read more

New EU Timber Traceability Law Threatens $3.5 Billion US Paper Trade, Could Spike Prices of Everyday Hygiene Products

Brussels, Belgium — The American paper industry is expressing concern over a new European Union regulation that mandates strict traceability of timber, a move that could potentially disrupt $3.5 billion in trade and increase costs for everyday hygiene products such as diapers and sanitary pads. The European Union’s Deforestation Regulation, which seeks to prevent global forest depletion, threatens significant implications for both U.S. producers and European consumers. The regulation intends to curb the role European consumption plays in global deforestation, which accounts for approximately 10% of the world’s total. This includes commodities like timber, beef, … Read more