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The Latest Breaking News from the Supreme Court

Trump hikes global tariffs to 15% as the fallout from Supreme Court loss continues

US President Donald Trump has announced the United States will increase baseline tariffs on imports from all countries to 15%, as the fallout continues from a seismic Supreme Court ruling on Friday.

The Conversation

The Supreme Court's landmark tariff decision is the latest defeat 'piercing President Trump's seeming invincibility'

"This is significant at a time that the president seeks to head into midterm elections with a head full of steam."

Fortune

Trump on the Supreme Court's Tariff Decision

It wasn't the Court's opinion that is an "embarrassment."

Reason

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US President Trump raises global tariffs to 15% day after Supreme Court ruling

Britain’s biggest business organisation, the British Chamber of Commerce, warned the move by the US president would deal a further blow to UK businesses

Evening Standard

Trump's plan B to impose new tariffs is also illegal because a balance-of-payments deficit doesn't exist, trade experts say

"A balance of payments deficit is not the same thing as a trade deficit."

Fortune

My New Atlantic Article About Our Win in the Tariff Case

It covers many issues raised by the decision.

Reason

Trump vows to raise worldwide tariffs to 15% ‘effective immediately’

Supreme Court ruled on Friday that Trump’s sweeping global tariffs, ushered in under the International Emergency Economic Powers Act, were unlawfully imposed

The Independent UK

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So what happens after Trump’s tariffs die? Don’t expect a refund check — yet

At this point, it is all just a big "mess."

We Got This Covered

Trump raises global tariffs to 15% one day after Supreme Court decision

The president is upping the ante by raising the tariffs to the highest limit allowed under a separate trade law.

Axios

Indian-origin lawyer Neal Katyal won case for Osama bin Laden’s driver long before blocking Trump’s tariffs

Neal Katyal, the American lawyer credited with securing a major Supreme Court setback for US President Donald Trump’s tariff policies, has a long record of high‑profile legal victories, including a Supreme Court case defending a Guantanamo Bay detainee who was once Osama bin Laden’s driver.

The Times of India

Who is Neal Katyal? The Indian-American lawyer behind Trump’s tariff loss

Neal Katyal is a prominent Indian‑origin American lawyer whose legal work played a central role in a major United States Supreme Court decision that struck down sweeping tariffs imposed by US President Donald Trump.

The Times of India

Donald Trump melts down after Supreme Court blocks his tariffs, promises a workaround nobody asked for

Trump warned that if the verdict did not go his way, it “would literally destroy” the country.

We Got This Covered

Murky outlook for businesses after tariff ruling prompts countermoves by Trump

Businesses face a new wave of uncertainty after the Supreme Court struck down tariffs imposed by President Donald Trump under an emergency powers law and Trump vowed to work around the ruling to keep his tariffs in place

The Independent UK

Tariff ruling: Meet the Trump-appointed Supreme Court judges who went against him

At the heart of the case was whether Trump could use emergency powers under a national-security law to impose broad tariffs on imports. The Supreme Court ruled that the statute did not authorise such sweeping action. It held that tariffs are essentially a form of taxation, and under the Constitution,…

The Times of India

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Cycling Weekly

US Supreme Court rules in favour of the bike industry regarding sweeping tariffs, but relief may be limited

Existing duties and refund uncertainty temper industry impact

The Texas Tribune

Texans shouldn’t expect Supreme Court ruling against tariffs to bring prices down soon, economists say

The order wiped out many of the Trump administration's tariffs, but Trump promised Friday to find other ways to restore them.

Fortune

We heard CEOs rip into Trump's tariffs behind the scenes and the Supreme Court just vindicated them

But sadly, the economic uncertainty isn't over.

Fortune

How Costco suing Trump helps business and stoke loyalty

Every seemingly political move Costco has made, like fighting tariffs and defending DEI, was ultimately about serving the customer.

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Barchart

Stocks Settle Higher as SCOTUS Rejects President Trump’s Tariffs

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.69%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.87%. March E-mini S&P futures (ESH26 ) rose +0.69%, and March E-mini Nasdaq futures...

Axios

Trump signals new tariffs plan. Here's how Section 122 works

The global break from President Trump's tariffs will only be temporary.

The Independent UK

Trump learns a bitter truth: Plenty of conservatives don’t like his tariffs

ANALYSIS: Judges Trump nominated to the Supreme Court, Republicans he has supported and Americans who voted for him to lower costs simply don’t like the idea of paying more for their products, Eric Garcia writes

Axios

Trump's tariffs were voided, starting a new fight over refunds

Major importers may turn to a trade court to reclaim tariff payments.

Barchart

Dollar Weakens as SCOTUS Rebuffs President Trump’s Tariffs

The dollar index (DXY00 ) fell from a 4-week high on Friday and finished down by -0.13%. Weaker-than-expected US economic news knocked the dollar lower on Friday. US Q4 GDP, the Feb S&P manufacturing PMI, and the University of Michigan US Feb consumer sentiment index all were weaker than expected...

Reason

A Note on Tariff Refunds

Thanks to our victory in the tariff case before the Supreme Court, businesses that paid billions of dollars in illegally collected tariffs can seek refunds. But the process may be difficult.

The Times of India

Trump announces new 10% global tariff after Supreme Court ruling: What are Sections 122, 232 and 301? Explained

US President Donald Trump said he would sign new orders aimed at restoring tariffs using alternative legal authorities after the Supreme Court struck down a large portion of his previous measures.

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