Last mentioned: 1d ago
Refund Window Opens
Expected date for the first wave of administrative protests and refund filings by U.S. importers.
Implementation Date
Scheduled start date for the new global tariff regime according to White House fact sheets.
Escalation to 15%
Trump raises the tariff rate to the legal maximum of 15% via a social media post.
SCOTUS Ruling
Supreme Court strikes down sweeping emergency tariffs as an overreach of executive power.
New Tariff Announcement
Administration announces a 10% global baseline tariff effective immediately under alternative trade laws.
Presidential Reaction
Trump issues a statement calling the ruling 'deeply disappointing' and a 'disgrace'.
Supreme Court Ruling
The U.S. Supreme Court issues a 6-3 decision striking down the tariffs as unlawful.
Supreme Court Ruling
The Court strikes down the tariffs in a 6-3 vote, citing IEEPA limitations.
Final Ruling
The Supreme Court issues its decision declaring the sweeping tariffs illegal and unconstitutional.
Supreme Court Ruling
The high court strikes down the administration's use of emergency powers to impose reciprocal tariffs.
10% Tariff Announcement
Trump announces a 10% across-the-board global tariff in response to the court's decision.
Legal Challenges
Retail and trade groups file lawsuits challenging the executive overreach.
Tariff Implementation
President Trump invokes emergency powers to impose reciprocal global tariffs.
Supreme Court Hearing
The Court hears oral arguments regarding the limits of executive power in trade regulation.
Legal Challenges Mount
Retail coalitions and trade groups file lawsuits challenging the legality of the emergency declaration.
Tariff Announcement
President Trump announces the 'Liberation Day' global tariffs under emergency powers.
Legal Challenges
Thousands of U.S. companies file lawsuits challenging the legality of the tariff expansions.
Tariff Implementation
The Trump administration begins imposing Section 301 tariffs on Chinese imports.
President Trump has escalated a proposed global tariff from 10% to 15% using Section 122 of the 1974 Trade Act. The move follows a Supreme Court ruling that blocked his previous use of emergency powers for trade duties.
The U.S. Supreme Court has struck down key trade tariffs, prompting the Port of Los Angeles and Port of Long Beach to prepare for significant operational shifts. This judicial intervention is expected to trigger a surge in import volumes and a complex period of supply chain recalibration for major retailers.
The U.S. Supreme Court has ruled that the sweeping tariffs implemented by the Trump administration are illegal, marking a historic shift in trade policy. This landmark decision is expected to provide immediate financial relief to retailers and e-commerce platforms while triggering a massive re-evaluation of global supply chain strategies.
A landmark Supreme Court decision has redefined the executive branch's power to impose unilateral tariffs, shifting the trade landscape toward legislative oversight. Retailers face a period of 'known unknowns' as they recalibrate supply chains amidst new legal hurdles for trade barriers.
Following a Supreme Court ruling that struck down his sweeping emergency tariffs, President Trump has immediately announced a new 10% global baseline tariff. This rapid pivot creates significant uncertainty for retailers and e-commerce platforms facing sudden cost increases and supply chain disruption.
The U.S. Supreme Court has overturned President Donald Trump’s sweeping global tariffs, ruling 6-3 that the administration exceeded its authority under federal emergency-powers laws. This decision provides immediate relief to the e-commerce and retail sectors, which have faced rising costs and supply chain volatility.
The U.S. Supreme Court has struck down President Trump’s sweeping global tariffs, ruling that the administration overstepped its authority under national emergency laws. This decision invalidates the 'Liberation Day' trade policy and triggers a massive wave of potential refund claims for U.S. retailers and importers.