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SCOTUS Ruling
The Supreme Court strikes down the tariffs, leading to a market rally in the apparel and auto sectors.
Legal Challenges Filed
Trade groups and major importers file lawsuits challenging the constitutional basis of the tariffs.
Global Tariffs Imposed
Administration announces sweeping global tariffs on a wide range of consumer and industrial goods.
Trump Inauguration
President Trump returns to the White House and signals immediate trade policy shifts.
The U.S. Supreme Court has invalidated President Donald Trump’s sweeping global tariff regime, marking a significant legal setback for the administration’s protectionist trade agenda. The ruling has triggered an immediate market rally, particularly within the apparel and automotive sectors, as investors price in reduced supply chain costs.