Global Trade Confusion Returns as Trump Shifts Tariff Tools

Without mentioning the EU specifically, Trump warned nations against taking advantage of his legal setback. “Any Country that wants to ‘play games’ with the ridiculous supreme court decision, especially those that have ‘Ripped Off’ the U.S.A. for years, and even decades, will be met with a much higher Tariff, and worse, than that which they just recently agreed to.,” he wrote in a post on Truth Social. The Trump administration swiftly announced plans to replace the prior tariffs with a new, across-the-board 15% levy on US imports.