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Even after the Supreme Court invalidated many of the president's levies, foreign leaders and executives assume that U.S. tariffs are here to stay, in one form or another.
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The exemption was shut down last year by President Trump based, in part, on the same legal grounds as the tariffs that were invalidated by the Supreme Court.
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If anything, Friday opened a new chapter in Trump's ongoing tariffs drama and raised urgent questions about his ability to make good on his promises of an economic revival.
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The administration has been preparing for months for the possibility that the Supreme Court would rule against the president and developed contingency plans.
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Trump told reporters that his administration will impose new tariffs by using alternative legal means.
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New Fox News poll shows 63% of voters disapprove of Trump's tariff handling despite record revenue surge of over 300% since taking office this year.
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Trump pivots to new 10% global tariff, new probes after Supreme Court setback Reuters
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The Supreme Court has spoken. What now?
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