Supreme Court of the United States

organization

Last mentioned: 7h ago

Timeline

  1. Original Implementation

    The original target date for the deal to take effect (now delayed).

  2. Summit Commencement

    Scheduled arrival of the U.S. delegation in Beijing for high-level trade talks.

  3. Negotiations Deferred

    India and US officially reschedule the chief negotiator meeting in Washington.

  4. Escalation Threat

    President Trump states tariffs could go 'even higher' to compensate for the legal setback.

  5. Administration Response

    The White House vows to issue new executive orders to circumvent the ruling.

  6. Global Reaction

    International markets and trade partners respond to the shift in U.S. trade leverage.

  7. Global Market Reaction

    Trade partners including India, South Korea, and Canada issue statements on trade deal integrity and potential retaliation.

  8. SCOTUS Ruling

    The Supreme Court strikes down 20% IEEPA-based tariffs on Chinese goods.

  9. Executive Defiance

    Trump holds a press conference asserting that India will continue to pay tariffs regardless of the ruling.

  10. Tariff Escalation

    Trump imposes 10% universal tariff, later increased to 15% effective Feb 24.

  11. White House Response

    President Trump issues a public statement criticizing the judiciary and vowing immediate action.

  12. New Executive Order

    Trump signs a document imposing a 10% global tariff, effective immediately with limited exemptions.

  13. Supreme Court Ruling

    The U.S. Supreme Court strikes down the administration's broad tariff authority under IEEPA.

  14. Supreme Court Ruling

    The Court issues a decision restricting the scope of emergency powers for trade levies.

  15. Supreme Court Ruling

    The Court strikes down the tariffs in a landmark 6-3 decision.

  16. SCOTUS Ruling

    Supreme Court strikes down unilateral executive tariff authority in a 6-3 decision.

  17. Market Volatility

    U.S. stock indexes surge briefly before settling as analysts digest the ruling's complexity.

  18. Executive Retaliation

    Trump signs an executive order repealing old tariffs and a proclamation imposing a new 10% levy.

  19. Trip Confirmation

    White House officials confirm the dates for the Beijing summit as March 31 to April 2.

  20. SCOTUS Ruling

    The Supreme Court rules 6-3 that the tariffs exceed executive authority under IEEPA.

Stories mentioning Supreme Court of the United States 9

Trade Policy Bearish

India-US Trade Deal Stalls After SCOTUS Ruling Limits Trump’s Tariff Power

India and the United States have indefinitely postponed high-level trade negotiations following a landmark U.S. Supreme Court ruling that shifts tariff-setting authority to Congress. The delay, coupled with a new 15% universal tariff imposed by the Trump administration, threatens the timeline for an interim trade pact originally slated for April implementation.

2 sources
Trade Policy Bearish

Trump Defies SCOTUS Tariff Ruling, Vows Continued Duties on Indian Goods

Following a 6-3 Supreme Court ruling declaring his 'reciprocal tariffs' illegal, President Trump asserted that trade terms with India remain unchanged. The administration is reportedly seeking alternative legal pathways to maintain the tariff structure despite the court's finding that the executive exceeded its authority under the IEEPA.

2 sources
Trade Policy Neutral

Trump to Visit Beijing as Supreme Court Overturns Key China Tariffs

President Trump is scheduled to meet with President Xi Jinping in Beijing following a landmark Supreme Court ruling that invalidated 20% tariffs on Chinese imports. The visit aims to stabilize a fragile trade truce while the administration pivots toward a new 10% global tariff strategy to address persistent trade imbalances.

2 sources
Trade Policy Neutral

Trump Defies Supreme Court with New 10% Global Tariff Order

Following a landmark Supreme Court ruling that invalidated broad executive tariff authority under IEEPA, President Trump has immediately signed a new executive order imposing a 10% global tariff. This move creates significant legal and operational volatility for global supply chains as the administration pivots to new statutory justifications for its trade agenda.

4 sources
Trade Policy Neutral

SCOTUS Tariff Ruling: Navigating the New Era of Executive Trade Authority

A landmark Supreme Court development has fundamentally challenged the executive branch's broad power to impose unilateral tariffs under national security justifications. This shift forces supply chain leaders to recalibrate risk models as the legal foundation for global trade barriers undergoes its most significant transformation in decades.

2 sources
Trade Policy Neutral

Supreme Court Strikes Down Trump Tariffs: A Supply Chain Sea Change

The U.S. Supreme Court has invalidated the sweeping tariff regime implemented by the Trump administration, removing a cornerstone of current trade policy. This landmark ruling forces an immediate reassessment of global sourcing strategies and landed cost calculations for thousands of American businesses.

4 sources