June 18th, 2025
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Learning Resources Inc., an Illinois-based purveyor of educational toys, has petitioned the Supreme Court, alleging that President Trump's imposition of tariffs under the National Emergencies Act, absent Congressional sanction, constituted an unlawful act; despite the company's initial victory at the lower court level, the injunction has been stayed pending appellate review of similar rulings, allowing the tariff collection to persist.
Learning Resources contends that the protracted legal imbroglio surrounding tariffs is untenable given their profound ramifications for both corporate entities and individual consumers; CEO Rick Woldenberg has articulated concerns regarding the significant market volatility and inflationary pressures engendered by these tariffs, while the company's legal counsel posits the possibility of Supreme Court certiorari prior to June, followed by oral arguments in the autumn, even as the Trump administration defends the tariffs under the aegis of emergency powers statutes, asserting the executive branch's prerogative to regulate imports during declared national emergencies.
June 18th, 2025
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