Recently, Emily Ley, founder of Florida-based stationery brand Simplified, filed a lawsuit in federal court accusing former President Trump's administration of invoking the International Emergency Economic Powers Act (IEEPA) to bypass congressional procedures to impose tariffs on all goods from China to the detriment of small and medium-sized businesses in the United States.

After Trump introduced the highest tariffs in a century, this could be the first lawsuit it has encountered from the U.S. Simplified, a Pensacola, Florida-based company, says the tariffs will force it to pay extra to import goods from China, which will cause it to "suffer higher costs, competitive disadvantage, and declining profits." First case! Florida stationery company sues Trump over tariff policy.