UK ‘working with US’ to analyse impact of supreme court’s ruling against tariffs

Following the US Supreme Court's ruling against Donald Trump's global tariffs, the UK and EU are assessing the potential impact. The UK government is collaborating with the US to understand how the decision will affect trade relations, while anticipating the continuation of its preferential tariff deal. The EU is analyzing the ruling and seeking clarity from the US administration regarding next steps, advocating for lower tariffs to promote stability for businesses. While companies may be able to claim refunds, the process is expected to be complex. Experts caution that the White House might implement new, broader tariffs, potentially affecting sectors like computer chips and agriculture, and business groups express concern about ongoing uncertainty.

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