(Boston, August 29) – Ranking Member Edward J. Markey (D-Mass.) today released the below statement applauding a decision by the U.S. Court of Appeals for the Federal Circuit, which affirmed a lower court ruling that Donald Trump’s so-called “liberation day” tariffs are illegal.
“Today’s ruling in the U.S. Court of Appeals for the Federal Circuit makes it clear that President Trump’s chaotic tariff policy is illegal. As the author of legislation that would exempt small businesses from the President’s reciprocal tariffs first issued on April 2, I call on the Administration to provide small businesses with relief and repayments immediately while the Supreme Court considers taking up the case. Trump’s tariffs have brought real pain to Main Street, and today’s ruling is an important step in ending the economic whiplash caused by Trump’s abusive tariff authority.”
Earlier this month, Ranking Member Markey sent a letter to Small Business Administration (SBA) Administrator Kelly Loeffler, Secretary of Commerce Howard Lutnick, U.S. Trade Representative Jamieson Greer, and Chair of the Council of Economic Advisers (CEA) Stephen Miran, calling on their respective agencies to establish and publicize procedures for refunding tariffs to American businesses.
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