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Tuesday, February 24, 2026

US Tariff Uncertainty After Supreme Court Ruling Disrupts Talks With EU, India, Japan

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Cranes move shipping containers from a ship at the Long Beach Container Terminal in the Port of Long Beach in Calif., on Jan. 14, 2026. Patrick T. Fallon/AFP via Getty ImagesIndia and the European Union have deferred trade talks with the United States as governments assess the fallout from a U.S. Supreme Court ruling on tariffs, while Japan has sought assurances that it will receive treatment no worse than under existing agreements.The Supreme Court last week invalidated the reciprocal tariff framework imposed by President Donald Trump under the International Emergency Economic Powers Act, prompting the Trump administration to look at alternative legal avenues.

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