The Supreme Court will hear arguments on Nov. 5 in the pairof challenges to President Donald Trump’s authority to impose tariffs under the International Emergency Economic Powers Act. The court on Thursday morning released an updated calendar for its November argument session that reflects the addition of the tariffs dispute, which the justices added to their docket for the 2025-26 term on Sept. 9.
The dispute over Trump’s tariffs is operating on a highly expedited schedule. The government will file its opening brief on Friday, just 10 days after the court announced that it had granted review; the challengers’ briefs will follow just over one month after that. Both sides had urged the court to act quickly. The Trump administration has argued that the ruling by a federal appeals court that the tariffs are unlawful “has disrupted highly impactful, sensitive, ongoing diplomatic trade negotiations,” while the challengers have pointed to the “severe economic hardships” caused by the tariffs.
To accommodate the addition of the tariffs dispute to the November argument calendar, the case that had initially been scheduled for Nov. 5 was moved to Nov. 4, and Hamm v. Smith, a death-penalty case that had originally been scheduled for Nov. 4, was taken off the November calendar. It presumably will be rescheduled at a later date.
Senate Minority Leader Chuck Schumer speaks following a failed vote in the Senate over health care subsidies last month. | Saul Loeb/AFP via Getty Images…
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<h2>The Chief Executive Officer (CEO) of the Centre For The Promotion Of Private Enterprise (CPPE), Muda Yusuf has stated that the manufacturers of <a href="https://www.naijanews.com/topic/cement/">cement</a> are not responsible for the exorbitant prices of the commodity in the market.</h2>
<p>Yusuf claimed that the current price of a bag of cement by the major players is less than N7,000 per bag.</p>
<p>He stated this a statement made available to Legit.</p>
<p>Reacting to the invitation by the <a href="https://www.naijanews.com/2024/03/13/lawmakers-summon-dangote-bua-others-over-increase-in-price-of-cement/">House of Representatives</a> to cement manufacturers, including Dangote Cement and BUA Cement, Yusuf insisted that they cannot be blamed for the exorbitant price situation.</p>
<p>He asserted that those within the cement distribution chain are responsible for the exorbitant prices.</p>
<p>He added: “<em>The high cement prices is a regulatory issue that could be addressed within the framework of the Federal Protection and Competition Act of 2018.</em></p>
<p><em>“The Federal Competition and Consumer Protection Commission [FCCPC] has a responsibility to ensure compliance with the Act to ensure the protection of the interests of the consumers and the public. If there are proven lapses in this respect, the FCCPC should be held to account.</em></p>
<p><em>"The current ex-factory price of cement by the major players is less than N7,000 per bag. It follows that pricing issues and the culprits could also be within the cement distribution chain over which the manufacturers have limited control.”</em></p>
<p>Speaking further, Yusuf stressed that lawmakers’ invitation and choice of words during a debate at the plenary portrayed cement manufacturers in a bad light.</p>
<p>“<em>We appeal to the national assembly to always extend due courtesies to investors in the economy in the course of their legislative duties. They deserve to be addressed with respect, courtesy, civility and fairness. </em></p>
<p><em>“The logistics cost of cement distribution is humongous, given the escalating cost of diesel and the state of the roads.</em></p>
<p><em>“Exchange rate depreciation is taking a huge toll on the cost of imported components of production inputs, including spare parts and machineries. Cost of fund is mounting as the CBN continues its aggressive monetary policy tightening. Latest headline inflation for February was 31.7%. “All these are variables which are not within the control of the manufacturers and which have profound impact on production and operating cost,”</em> he added.</p>
<p>The post <a href="https://www.naijanews.com/2024/03/18/expert-reveals-true-cost-of-dangote-bua-other-cement-brands-identifies-those-responsible-for-exorbitant-prices/">Expert Reveals True Cost of Dangote, BUA, Other Cement Brands, Identifies Those Responsible For Exorbitant Prices</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>