Last mentioned: 7h ago
Implementation Window
Expected date for CBP to begin enforcing new 10% duty rates.
CBP Deadline
Expected date for Customs to issue new guidance on duty collection and refunds.
Tariff Implementation
New 15% tariffs on Indian goods and other global imports take effect.
Litigation Wave Expected
Trade law firms prepare to file challenges on behalf of major importers and manufacturers.
Negotiations Deferred
India and U.S. agree to reschedule the chief negotiator meeting.
New Executive Order
President Trump signs an order for a 10% global tariff under Section 122 of the Trade Act of 1974.
Ruling Issued
Supreme Court strikes down the global import tax framework in a landmark decision.
Policy Pivot
President Trump announces an immediate move to a 10% universal tariff.
Market Reaction
Global supply chain stocks see increased volatility as compliance costs rise.
SCOTUS Final Ruling
Supreme Court affirms the lower court, citing the Major Questions Doctrine.
Final Ruling & Response
SCOTUS rules against the administration; Trump issues a public rebuke of the justices.
Tariff Announcement
Trump announces 10% global tariff, later increased to 15%.
SCOTUS Decision
The Supreme Court reverses the lower court, limiting the President's unilateral tariff powers.
Policy Pivot
White House signals intent to use Section 201 and AD/CVD petitions to maintain trade barriers.
Supreme Court Ruling
The Court issues a decision narrowing the scope of executive power over trade tariffs.
Trump Response
Donald Trump lashes out at the decision, calling it a threat to national economic security.
SCOTUS Ruling Issued
The Supreme Court strikes down the use of IEEPA for broad-based tariffs in a 6-3 decision.
Executive Response
VP JD Vance criticizes the court on social media, calling the decision an act of lawlessness.
SCOTUS Deliberation
Final arguments heard regarding the constitutionality of global import taxes.
SCOTUS Ruling
The Supreme Court strikes down the tariffs as an unconstitutional use of executive power.
India and the United States have indefinitely postponed high-level trade negotiations following a landmark U.S. Supreme Court ruling that shifts tariff-setting authority from the President to Congress. The delay comes as President Trump retaliated against the judicial check by imposing a 15% blanket tariff on all imports, including those from India.
Former President Donald Trump has issued a sharp critique of the Supreme Court following a legal defeat that curtails the executive branch's authority to impose unilateral tariffs. The ruling marks a significant shift in international trade law, reinforcing the 'Major Questions Doctrine' and requiring clearer congressional authorization for economic interventions.
The Supreme Court has issued a landmark 6-3 ruling limiting the President's authority to impose broad-based tariffs without explicit Congressional approval. The decision applies the 'Major Questions Doctrine' to trade law, effectively staying the administration's 10% universal baseline tariff and creating a new era of legislative-heavy trade compliance.
The Supreme Court's decision to limit executive tariff authority has triggered a sharp rebuke from Donald Trump and a critical economic analysis from Peter Schiff. This ruling marks a significant shift in trade law, potentially curbing the President's ability to unilaterally impose economic penalties.
A landmark Supreme Court decision regarding the executive branch's authority to levy tariffs has forced businesses across the U.S. to urgently reassess their supply chains and pricing strategies. From the tech hubs of Huntsville to the retail centers of North Carolina, the ruling is creating a new era of regulatory uncertainty and trade litigation risk.
The U.S. Supreme Court has ruled 6-3 that President Trump’s 'reciprocal tariffs' are unlawful, finding the administration exceeded its authority under the IEEPA. Despite the ruling, the President maintains that trade terms with India remain unchanged and signaled intent to pursue alternative legal avenues.
President Trump has initiated a new wave of tariffs following a landmark Supreme Court ruling that curtailed executive authority over trade levies. The administration's move signals a tactical shift toward more specific, legally insulated trade actions to navigate the new judicial landscape.
The U.S. Supreme Court has issued a landmark ruling curtailing the executive branch's authority to unilaterally impose broad tariffs under national security justifications. This decision reasserts congressional authority over international trade and triggers an immediate regulatory shift for global supply chains.
The U.S. Supreme Court has delivered a landmark ruling rejecting the executive branch's sweeping global import tax framework. In an immediate response, the Trump administration has announced a new 10% universal tariff, setting the stage for a fresh legal and regulatory battle over trade authority.
The U.S. Supreme Court ruled 6-3 that the executive branch exceeded its authority by using the International Emergency Economic Powers Act to impose broad tariffs. In a swift response, Vice President JD Vance condemned the decision while President Trump invoked Section 122 of the Trade Act of 1974 to implement a new 10% global tariff.
The U.S. Supreme Court has issued a landmark ruling limiting the President's unilateral power to impose tariffs, prompting a sharp rebuke from Donald Trump. This decision marks a significant pivot in the constitutional balance of power regarding international trade and national security.
The Supreme Court has issued a landmark ruling curtailing the executive branch's authority to impose broad tariffs under national security justifications. Despite this judicial setback, the Trump administration is pivoting toward alternative legal mechanisms to maintain its protectionist trade agenda.
The U.S. Supreme Court has issued a landmark ruling curtailing the President's authority to impose broad tariffs under national security justifications. President Trump responded by calling the decision "deeply disappointing" and signaled a shift toward new legislative and executive maneuvers to maintain his trade agenda.