Governments across the world reacted cautiously after the US Supreme court struck down president Donald Trump’s emergency tariffs in a 6-3 ruling. Trump’s latest 15 percent global tariff in response to the ruling has added to the uncertainty around US trade policy and its effectiveness.


Asian Economies Brace for Policy Uncertainty

U.S. Businesses are facing a new wave of uncertainty. Despite the supreme court ruling, trump has vowed to keep tariffs in place through alternative measures, announcing a new 15 percent tariff on all imports. Companies, from retail to tech to agriculture, are now bracing for continued cost pressures, legal battles, and a volatile trade landscape.


Global Businesses Brace for Continued Uncertainty

On Saturday, President Donald Trump announced he would raise the temporary US import tariff from 10% to 15% for all countries, following the Supreme Court’s ruling against his signature tariff program under the economic emergency law.


Trump Hikes Tariffs From 10% To 15%: 'Effective Immediately' 

Following a Supreme Court ruling against his emergency tariff program, former U.S. President Donald Trump announced he will raise global import tariffs from 10% to 15%. The move affects imports from all countries, signaling continued use of trade measures to protect U.S. industries.

Trump Raises Global Import Tariffs to 15% After Supreme Court Ruling

Trump vs Supreme Court: US President Says 15% Tariffs 'Effective Immediately' 

The US Supreme Court has struck down the Trump administration’s sweeping global tariffs, ruling that presidents do not have inherent authority to impose broad trade levies. Chief Justice John Roberts authored the decision. President Donald Trump reacted at a White House briefing, calling the ruling deeply disappointing and criticising the justices. Trump said the decision was harmful to US economic interests and stated that the administration would pursue alternative legal tools on tariffs. He also claimed the court was influenced by foreign interests, without presenting evidence.


Trump Blasts Supreme Court's Judgement On Tariffs

In a major setback to president Donald Trump’s trade agenda, the US Supreme court struck down several of his sweeping import tariffs in a 6-3 ruling. The court held that the international emergency economic powers act, or IEEPA, does not authorise the president to impose broad global tariffs.


President’s IEEPA Authority Rejected by Supreme Court

The US Supreme Court struck down a broad set of tariffs imposed under President Donald Trump in a 6-3 decision. The ruling, led by Chief Justice John Roberts, marks a major development for US trade policy and executive authority. The decision is expected to have significant economic and political implications, with reactions emerging across markets and global partners.


Trump Announces Fresh 10% Global Tariff as Supreme Court's 6-3 Ruling Reshapes US Trade Strategy

The US Supreme Court on Friday (Feb 20) ruled against Donald Trump's tariffs, saying that the US president has exceeded his authority in imposing sweeping duties that disrupted global trade. The decision blocks Trump from using tariffs as a tool, which he used freely to achieve political goals and renegotiate trade deals with countries aligned with his economic agenda.&nbsp;Despite being a conservative majority, the court ruled six-three in the judgment stating that the International Emergency Economic Powers Act (IEEPA) "does not authorise the President to impose tariffs."&nbsp;Chief Justice John Roberts delivered the opinion of the court while Justices Clarence Thomas, Samuel Alito and Brett Kavanaugh dissented.&nbsp;“The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope," Roberts wrote. However, the Trump administration “points to no statute" in which Congress has previously said that the language in the International Emergency Economic Powers Act (IEEPA) could apply to tariffs, he said&nbsp;“In light of the breadth, history, and constitutional context of that asserted authority, he must identify clear congressional authorisation to exercise it," the Chief Justice remarked. He noted that any “extraordinary assertion" of such power requires “clear congressional authorisation", which Trump did not have.&nbsp;The court also pointed out that "had Congress intended to convey the distinct and extraordinary power to impose tariffs" with IEEPA, "it would have done so expressly, as it consistently has in other tariff statutes."&nbsp;Notably, the ruling does not apply to sector-specific levies that Donald Trump separately imposed on imports of steel, aluminium, and various other goods under different legal authorities. Trump has long used tariffs as a primary means of exercising power and achieving political goals, often describing them as “beautiful” and hailing duties as a way to solve major national problems, such as the widening trade deficit and rising debt.&nbsp;The US President even went to great lengths to use these levies as leverage, threatening long-standing partners Canada and Mexico with additional duties over policy disagreements. India has also been on the receiving end of Trump’s tariff wars; for months, New Delhi faced 50 per cent duties, among the highest in the world, before the two countries recently moved toward a new trade deal.&nbsp;On April 2, 2025, a date he famously proclaimed as "Liberation Day," President Donald Trump signed Executive Order 14257 to launch the most aggressive trade policy in modern American history.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/world/india-us-to-start-interim-trade-talks-feb-23-in-us-likely-to-operationalise-by-april-1771597322925">India, US to hold talks from Feb 23 on sealing trade deal, signing soon after</a>&nbsp;Invoking the International Emergency Economic Powers Act (IEEPA) by declaring a national emergency over the US trade deficit, the administration imposed a universal 10% baseline tariff on nearly all global imports. This framework also introduced "reciprocal" duties reaching as high as 50% for major trading partners, aiming to counteract foreign trade barriers and revitalise domestic manufacturing.

The ruling does not impact sector-specific duties that Trump has separately imposed on imports of steel, aluminium, and various other goods.

The US Supreme Court on Friday (Feb 20) ruled against Donald Trump's tariffs, saying that the US president has exceeded his authority in imposing sweeping duties that disrupted global trade. The decision blocks Trump from using tariffs as a tool, which he used freely to achieve political goals and renegotiate trade deals with countries aligned with his economic agenda. Despite being a conservative majority, the court ruled six-three in the judgment stating that the International Emergency Economic Powers Act (IEEPA) "does not authorise the President to impose tariffs." Chief Justice John Roberts delivered the opinion of the court while Justices Clarence Thomas, Samuel Alito and Brett Kavanaugh dissented. “The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope," Roberts wrote. However, the Trump administration “points to no statute" in which Congress has previously said that the language in the International Emergency Economic Powers Act (IEEPA) could apply to tariffs, he said “In light of the breadth, history, and constitutional context of that asserted authority, he must identify clear congressional authorisation to exercise it," the Chief Justice remarked. He noted that any “extraordinary assertion" of such power requires “clear congressional authorisation", which Trump did not have. The court also pointed out that "had Congress intended to convey the distinct and extraordinary power to impose tariffs" with IEEPA, "it would have done so expressly, as it consistently has in other tariff statutes." Notably, the ruling does not apply to sector-specific levies that Donald Trump separately imposed on imports of steel, aluminium, and various other goods under different legal authorities. Trump has long used tariffs as a primary means of exercising power and achieving political goals, often describing them as “beautiful” and hailing duties as a way to solve major national problems, such as the widening trade deficit and rising debt. The US President even went to great lengths to use these levies as leverage, threatening long-standing partners Canada and Mexico with additional duties over policy disagreements. India has also been on the receiving end of Trump’s tariff wars; for months, New Delhi faced 50 per cent duties, among the highest in the world, before the two countries recently moved toward a new trade deal. On April 2, 2025, a date he famously proclaimed as "Liberation Day," President Donald Trump signed Executive Order 14257 to launch the most aggressive trade policy in modern American history. Also Read: India, US to hold talks from Feb 23 on sealing trade deal, signing soon after Invoking the International Emergency Economic Powers Act (IEEPA) by declaring a national emergency over the US trade deficit, the administration imposed a universal 10% baseline tariff on nearly all global imports. This framework also introduced "reciprocal" duties reaching as high as 50% for major trading partners, aiming to counteract foreign trade barriers and revitalise domestic manufacturing.

The ruling does not impact sector-specific duties that Trump has separately imposed on imports of steel, aluminium, and various other goods.

US Supreme Court strikes down Donald Trump's global tariffs

German Chancellor Friedrich Merz has issued a strong warning to the United States over the threat of high tariffs, declaring that Germany and Europe “will defend ourselves” if trade tensions escalate. His remarks come amid growing transatlantic friction over economic policy and protectionist measures.

Germany’s Merz Warns US Against High Tariffs: ‘We Will Defend Ourselves’

As of early 2026, research indicates that U.S. consumers and importing firms bear nearly all (approx. 96%) of the burden of Donald Trump's tariffs, rather than foreign exporters. These tariffs act as a de facto consumption tax, leading to higher prices for Americans, while reducing product variety and volume. 


Who Bears The Brunt of Trump's Tariffs?

The U.S. House of Representatives has voted to block President Donald Trump’s tariffs on Canada. The resolution passed by a narrow 219 to 211 vote, with six Republicans breaking ranks to join Democrats in opposing the president’s trade policy.


US House Votes to Block Trump’s Canada Tariffs | World Business Watch

India and the United States have reached an interim trade deal that reshapes bilateral ties, introducing zero duties for key Indian export sectors. The US has also scrapped its 25% punitive tariff on all Indian imports, with a full trade agreement expected by March.


India-US Trade Deal: Piyush Goyal Assures Trade Deal With US Won't Hurt Farmers

India-US Trade Deal: Zero Duties For Key Indian Export Sectors 

India’s National Security Adviser Ajit Doval told US Secretary of State Marco Rubio that New Delhi would not be bullied by President Donald Trump or his aides, sources said. Doval signaled India’s willingness to wait out Trump’s term while urging Washington to tone down public criticism and revive trade talks.


India-US Trade Deal: India Reportedly Told US, Willing To Wait Out Trump's Term 

With Indian manufacturers now set to enjoy tariff-free entry, Bangladeshi exporters fear an immediate erosion of orders, margins, and market share. The shock has exposed how vulnerable Dhaka's export model has become. The anxiety has spilled straight into government corridors.


Bangladesh Feels Pressure From India's Recent Trade Deals With US & EU

The United States has reduced tariffs on Indian goods from 25% to 18%, confirmed by US Ambassador Sergio Gor. The move is expected to boost trade between the two countries and strengthen economic ties. Experts say this reduction could enhance India’s exports to the US and positively impact bilateral relations. This video covers the tariff cut details, government reactions, and market implications.

US Cuts Tariffs on India from 25% to 18%, Ambassador Confirms

In a landmark move, President Trump says the US has struck a trade deal with India, slashing tariffs on indian goods to 18 percent. That pact has already sparked gains in Indian markets.


Trump, India Agree to Major Trade Deal 

The ‍Trump administration is dropping a ⁠25% additional tariffs imposed on Indian imports over its ‌purchases ‌of Russian oil, in addition ‌to lowering a country-specific tariff to 18% from 25%.

India-US Trade Deal Announced by US President; Tariff Slashed to 18%, Leaders React 

The ‍Trump administration is dropping a ⁠25% additional tariffs imposed on Indian imports over its ‌purchases ‌of Russian oil, in addition ‌to lowering a country-specific tariff to 18% from 25%.


India-US Trade Deal: India Gains Tariff Advantage Over China, Pakistan & Bangladesh

US Drops 25% Tariffs On India | Country-Specific Rate Cut To 18%

U.S. President Donald Trump has threatened new tariffs on Cuba in a bid to escalate pressure over political and economic issues. This move highlights the continuing tensions between Washington and Havana, with potential impacts on trade, travel, and diplomatic relations. Experts warn that such measures could further strain U.S.-Cuba ties and affect Cuban citizens’ access to essential goods.

US-Cuba Relations Strain as Trump Threatens New Tariffs

Prime Minister Narendra Modi has announced that India and the European Union have finalised a landmark trade deal. As part of the agreement, tariffs on European spirits will be reduced to 40%, marking a major step forward in bilateral trade and economic cooperation. The deal is expected to boost market access, investment, and long-term India–EU relations.


India-EU Trade Deal: PM Modi Says India & EU Have Finalised Landmark Trade Deal

U.S. factory jobs continue to decline despite tariffs aimed at reviving domestic manufacturing, with nearly 72,000 jobs lost since April. Experts point to automation, weak global demand, and higher production costs as key reasons why tariffs have failed to bring manufacturing jobs back to America.


US Manufacturing Jobs Downs 72,000 Since April Tariffs 

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