Last mentioned: 1d ago
Section 122 Invocation
President Trump signs an executive order for a 10% global tariff to address balance of payments.
White House Reset
Administration signals that only countries with new 'Trump Trade Deals' will avoid higher surcharges.
EU Emergency Meeting
European lawmakers call for a meeting to discuss the implications of the court ruling.
SCOTUS Ruling
Supreme Court strikes down IEEPA-based tariffs in a case led by Neal Katyal.
A landmark US Supreme Court ruling striking down executive tariffs has been met with a swift counter-move from the White House. While European exporters briefly celebrated the legal victory, the administration's immediate imposition of a 10% global tariff creates a new, permanent floor for transatlantic trade.