Tariff uncertainty returns after Trump's Supreme Court setback
After the historic ruling, one major global company is seeking tariff refunds while US president Donald Trump has issued 15% tariffs on every country, including across Asia; India is delaying talks with the US.
US president Donald Trump has issued 15% tariffs on every country exporting to the US, including across Asia, after his so-called reciprocal ‘Liberation Day’ tariffs, issued in April 2025 under the International Economic Powers Act, were ruled illegal by the US Supreme Court.
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