Trump retaliates with new tariffs after SCOTUS ruling

U.S. President Donald Trump unleashes a new 15 per cent global baseline tariff – the maximum legal amount – following the Supreme Court’s ruling that reciprocal country-specific levies were illegal. The European Commission has insisted Washington honours its trade pact following Friday’s SCOTUS verdict. U.S. trade envoy Jamieson Greer says all agreements will remain in place. The tariff retaliation has pushed European futures south and Wall Street is also poised to start the new week deep in the red.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What this episode covers

U.S. President Donald Trump unleashes a new 15 per cent global baseline tariff – the maximum legal amount – following the Supreme Court’s ruling that reciprocal country-specific levies were illegal. The European Commission has insisted Washington honours its trade pact following Friday’s SCOTUS verdict. U.S. trade envoy Jamieson Greer says all agreements will remain in place. The tariff retaliation has pushed European futures south and Wall Street is also poised to start the new week deep in the red. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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This episode is 30 minutes long.

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This episode was published on February 23, 2026.

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