Wednesday briefing: Is the tide turning against Trump on tariffs? | Tariffs
The Supreme Court ruled that President Trump unlawfully used executive powers to impose sweeping global tariffs. The ruling, which struck down a major policy from Trump's second term, marks the first time the court has overturned one of his policies. Trump announced new 15% global baseline tariffs and plans to seek other statutes in US law to impose tariffs. While some countries may benefit from the tariffs, many businesses and consumers are uncertain about their impact. The ruling is a significant blow to Trump's economic agenda but he maintains that he can still impose tariffs on a country-by-country basis.
27 FEB 2026
— The Guardian
Despite President Trump's claims, inflation remains a significant concern for consumers, with tariffs implemented by his administration contributing to increased costs for goods and services.
— South China Morning Post
Analysts debate the impact of Trump's tariff setback on Chinese imports, with some predicting a surge and others suggesting stockpiling.
2 MAR 2026
— South China Morning Post
The USTR presented Donald Trump's 2026 Trade Policy Agenda to Congress, outlining a new approach to US-China trade relations focused on "managed" interactions.
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