Last mentioned: 2d ago
Executive Response
President Trump issues a statement condemning the ruling as a 'betrayal of American industry.'
SCOTUS Ruling
The Supreme Court issues its final decision upending the unilateral tariff authority.
Legal Challenge
A coalition of retailers and manufacturers files suit, alleging the executive exceeded its authority under the IEEPA.
Tariff Expansion
The administration announces a new round of universal baseline tariffs via executive order.
The U.S. Supreme Court has issued a landmark ruling curtailing the President's authority to unilaterally impose tariffs, sparking a significant legal and political confrontation. This decision forces a massive recalibration of global supply chain strategies that had been built around aggressive protectionist trade policies.