Trump Trade War Intensifies as Supreme Court Ruling Triggers Global Tariff Reset

The Supreme Court's 6-3 ruling against Trump's IEEPA tariffs has paradoxically escalated trade tensions, as the administration pivoted to Section 122 authority for new 10-15% global tariffs while facing $160B+ in potential refund lawsuits. The ruling simultaneously collapsed EU-US and US-India trade negotiations, indicating legal constraints are accelerating rather than restraining protectionist policies.