These 5 small business are suing Trump over his ‘Liberation Day’ tariffs

Five American small businesses will ask a U.S. court on Tuesday to halt President Donald Trump’s “Liberation Day” tariffs, arguing the president overstepped his authority by declaring a national emergency to impose across-the-board taxes on imports from nations that sell more to the U.S. than they buy.

Tuesday’s hearing before a panel of three judges at the New York-based U.S. Court of International Trade will be the first major legal test of Trump’s tariffs.

The lawsuit was...