Supreme Court ruling throws Trump administration’s tariff strategy into flux. What it means for global trade, U.S. economy

Key Points

U.S. President Donald Trump’s decision to reimplement tariffs after the Supreme Court struck some down only served to aggravate global trade tensions.
As uncertainties rise, foreign governments and big businesses are likely to adopt more cautious stances on investments as well as imports and exports, particularly on deals that involve the U.S. — an outcome that’s likely to hurt the U.S. economy.
Amid Trump’s tariff threats, some countries are diverting their trade to China, which saw a spike in its exports and imports at the end of last year, according to Chinese customs data.

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