US Tariffs: Supreme Court Ruling vs. Policy - What's Really Happening? (2026)

Despite the Supreme Court's ruling declaring many of Donald Trump's tariffs illegal, US trade chief Jamieson Greer insists the policy hasn't changed. Greer argues that the legal tools implementing the policy may evolve, but the core strategy remains intact. He emphasizes the policy's benefits for US businesses in global trade, despite public disapproval. Greer also clarifies that the US won't back out of existing tariff deals with countries like the UK, EU, Japan, and Switzerland, even though the Supreme Court ruled those tariffs illegal. He differentiates the new 15% global tariff from previous bilateral agreements, aiming to reassure partners. Greer acknowledges reduced flexibility in imposing emergency tariffs but maintains the administration's commitment to reshoring American factories and addressing trade imbalances. Critics, including Senate minority leader Chuck Schumer, celebrate the ruling as a win for American consumers, highlighting Trump's overreach. California governor Gavin Newsom sharply criticizes Trump's tariff policy, calling it a 'farce' and a 'wrecking-ball presidency', attributing economic challenges to Trump's economic decisions.

US Tariffs: Supreme Court Ruling vs. Policy - What's Really Happening? (2026)

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