LIVE: Trump Imposes 15% Tariffs Despite Supreme Court Verdict | Vantage with Palki Sharma
When the Supreme Court of the United States struck down global tariffs imposed by Donald Trump, ruling that he had exceeded his authority, it appeared to be a major institutional rebuke. But instead of retreating, Trump escalated—invoking the Trade Act of 1974 to impose new tariffs capped at 15% for 150 days, setting up a fresh legal and political confrontation. The move reshuffles the global trade equation: countries like the UK and Australia that had secured lower rates may now feel disadvantaged, while nations previously facing steeper tariffs, including China and India, effectively gain relief. Markets remain cautious, not because the tariff war is over, but because the ruling introduces deeper uncertainty—raising the prospect of temporary measures, legal battles, and a broader institutional showdown in Washington. Palki Sharma tells you more.---
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