Trump's Tariff Chaos Continues Despite Supreme Court Rebuke

• The Supreme Court ruled against Trump's sweeping tariffs imposed under the 1977 International Emergency Economic Powers Act (IEEPA).
• Despite the ruling, trade policy uncertainty persists as Trump seeks alternative legal avenues to impose new tariffs.
• Trump initially announced 10% levies using Section 122 of the Trade Act of 1974, then increased it to 15% the next day.
• Questions remain about the legality of using Section 122 for trade deficits, potential refunds for past tariffs, and the fate of existing trade deals.
• The administration plans to launch Section 301 investigations, a sturdier alternative, to maintain leverage in trade negotiations.