Oxford Economics

Company

Last mentioned: 2d ago

Timeline

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Trade Investigations

The administration conducts probes into unfair trade practices to justify permanent duties.
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Tariff Implementation

A 10% global tariff is enacted for a 150-day temporary window.
Feb 20, 2026
Supreme Court Ruling

A 6-3 majority strikes down global tariffs based on the IEEPA.
Feb 20, 2026
Presidential Response

Trump holds news conference denouncing the court and announcing a pivot to the 1962 Act.

Stories mentioning Oxford Economics 1

Trump Pivots to 1962 Trade Act After Supreme Court Strikes Down Global Tariffs

The U.S. Supreme Court has issued a landmark 6-3 ruling striking down the use of the International Emergency Economic Powers Act (IEEPA) for global tariffs. In response, President Trump has announced a pivot to the Trade Expansion Act of 1962 to implement a 10% global levy.

2d ago 8 sources