World leaders cheer Supreme Court tariff ruling — but businesses must still navigate 'murky waters'
CNBC·2026-02-20 16:50

U.S. trading partners offered a cautious welcome to the U.S. Supreme Court's decision Friday to strike down large parts of President Donald Trump's flagship trade policy on global tariffs — but global trade bodies warned of lingering uncertainty surrounding import levies.The law that undergirds the import duties "does not authorize the President to impose tariffs," the majority ruled six to three in the long-awaited Supreme Court decision.Trump's tariff regime impacted a swathe of countries from the U.K. to ...