From the EU to Vietnam to the UK and India, multiple countries had signed or finalised trade deals with the US.
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The United States Supreme Court’s ruling, which declared Donald Trump’s sweeping tariffs unlawful, has injected uncertainty into global trade yet again, as the US president imposed a new 15 percent tariff on Saturday.
Weeks after his inauguration in January 2025, Trump imposed tariffs against foes and allies using the International Emergency Economic Powers Act (IEEPA), unleashing a trade war that rattled global trade.
