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US tariff ruling: Several trading partners seek clarification on ruling impact, next steps

02:57 Min

US trading partners are keeping a close watch on developments in Washington after the Supreme Court delivered a rare stinging rebuke on the Trump administration and its tariff policy. Many welcome the ruling that struck down the Liberation Day levies, but are still awaiting clarity on what it means for bilateral and global trade. Making things more confusing, a defiant Donald Trump has imposed a new 10 per cent global levy on imports. 

US trading partners are keeping a close watch on developments in Washington after the Supreme Court delivered a rare stinging rebuke on the Trump administration and its tariff policy. Many welcome the ruling that struck down the Liberation Day levies, but are still awaiting clarity on what it means for bilateral and global trade. Making things more confusing, a defiant Donald Trump has imposed a new 10 per cent global levy on imports. 

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