The US Supreme Court’s ruling against President Donald Trump’s use of tariffs marks a legal obstacle to using trade taxes as an economic weapon, but analysts say it offers little immediate relief.

Another period of confusion in economic activity is expected as Trump is expected to seek other tools to replace tariffs that were declared illegal. Many uncertainties remain, including what new tariffs the administration will attempt to impose and the possibility of refunds of canceled taxes.

In immediate response, Trump announced new global tariffs of 10 percent for a 150-day period. Varg Folkman, analyst at the European Policy Center, predicts a new era of uncertainty, while ING economists estimate that, despite the decision, the “edifice” of tariffs will remain standing.

The decision specifically affects tariffs based on the IEEPA Act, which have so far raised over $175 billion. While this technically lowers the US weighted average tariff from 15.4 percent to 8.3 percent, the administration has warned of using other legal tools to restore them.

Another critical point is the fate of bilateral agreements. More than 20 countries that accepted tariffs or investments to avoid conflict are now evaluating whether they can renegotiate. Bernd Lange, from the European Parliament, said that the era of arbitrary tariffs may be coming to an end, while Britain expects its privileged position to continue.

On the other hand, the global economy has shown resilience. The IMF forecasts growth of 3.3 percent for 2026, while China reported a record surplus in 2025, adjusted through exports to non-US markets.
However, experts at the Bruegel Institute warn that deals like the EU-US one could break down if countries feel they have got the weak side of the stick. /tesheshi.com/

We use cookies to improve the experience and to display ads (Google AdSense).
By clicking “Accept”, you agree to the use of cookies according to
Privacy Policy
and
Cookies Policy.
You can reject non-necessary cookies by clicking “Reject”.

Source: prizrenpost