‘Check Your Portfolio’: Gavin Newsom Sues Trump in Response to Tariffs, Citing Nvidia’s $5.5 Billion Loss

From Barchart: 2025-04-17 14:11:00

California Governor Gavin Newsom has filed a lawsuit against President Donald Trump over his tariffs. Newsom argues that the tariffs on steel and aluminum imports violate the Constitution’s separation of powers. This legal challenge is just the latest in the ongoing battle between California and the Trump administration over a range of issues. The lawsuit seeks to block the tariffs and protect California’s economy from the negative impacts of the trade war. Governor Newsom is taking a stand to protect the state’s interests and push back against what he sees as overreach by the federal government.



Read more at Barchart: ‘Check Your Portfolio’: Gavin Newsom Sues Trump in Response to Tariffs, Citing Nvidia’s $5.5 Billion Loss