World Leaders Scope Out US’s Next Steps After Trump Tariff Loss

Governments around the world reacted with caution after the US Supreme Court invalidated President Donald Trump’s broad emergency tariffs, with some reaffirming existing agreements and others taking a wait-and-see approach to evaluate his next steps.

South Korea said the ruling voids the 15% “reciprocal” tariff currently applied to its goods, while adding that it would continue talks on the implementation of last year’s trade agreement. Indonesia, which finalized its deal on Thursday locking in a 19% duty on its American exports, said it’s monitoring the court decision and Trump’s subsequent move to impose a 10% global tariff under a ...