Last mentioned: 8h ago
Trade Investigations
The administration will conduct investigations into unfair trade practices to establish permanent tariffs.
10% Global Tariff
Implementation of a 10% across-the-board tariff for a 150-day period.
Refund Filing Window
Importers begin filing administrative claims and litigation for duty recovery via the CIT.
Implementation Date
The new global tariffs are scheduled to go into effect for all US imports.
Tariff Escalation
Trump announces on Truth Social that the rate will be increased to the 15% legal maximum.
SCOTUS Ruling
Supreme Court issues 6-3 decision in Learning Resources, Inc. v. Trump invalidating the tariffs.
Supreme Court Ruling
A 6-3 majority strikes down the use of IEEPA for global tariffs, asserting Congressional authority.
Trump Press Conference
President slams the court and announces a pivot to the Trade Expansion Act of 1962.
Supreme Court Ruling
The high court strikes down IEEPA-based tariffs in a 6-3 decision, citing executive overreach.
Initial Pivot
Trump signs a proclamation for a 10% temporary tariff under Section 122 of the 1974 Trade Act.
CIT Preliminary Guidance
Court of International Trade notes DOJ would not oppose refunds if tariffs are found unlawful in AGS Co. Auto. Sols. v. U.S. Customs.
IEEPA Tariffs Imposed
The Trump Administration uses emergency powers to levy tariffs on goods from Canada, Mexico, and China.
Following a Supreme Court ruling that struck down previous import taxes, President Trump has pivoted to a rarely used trade law to impose a 15% global tariff. This temporary measure, effective February 24, creates immediate cost pressures for global supply chains and sets a five-month countdown for Congressional intervention.
The US Supreme Court has struck down the use of emergency powers to levy global tariffs, prompting President Trump to immediately announce a 10% across-the-board tax using the Trade Expansion Act of 1962. This move signals a period of intense volatility for global supply chains as the administration seeks to bypass judicial restrictions.
The U.S. Supreme Court ruled 6-3 that the International Emergency Economic Powers Act does not authorize the President to impose tariffs. This landmark decision invalidates 2025 trade measures and creates a complex pathway for importers to reclaim billions in duties.
Following a Supreme Court setback, the Trump administration is invoking alternative legal mechanisms to implement a 10% across-the-board global tariff. This move signals a persistent commitment to protectionist trade policies despite judicial challenges, creating immediate volatility for global supply chains.