One Decision Trump's Tariff Plan Just Got Struck Down. What Now? | In Brief
Feb 24, 2026
A Supreme Court decision wipes out a major tariff plan and the hosts map possible legal and political routes forward. They explore how the ruling reshapes trade talks and global negotiations. Discussion shifts to US pressure on Mexico after a cartel leader’s killing and potential anti‑cartel actions. The role and relevance of a new Board of Peace versus the United Nations is also examined.
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Supreme Court Ruling Creates Global Tariff Chaos
- The US Supreme Court struck down President Trump's sweeping reciprocal tariffs, creating global tariff uncertainty.
- Sir Richard Dearlove says the ruling was legally predictable but now forces renegotiations and months of tariff chaos for trading partners.
Only Use Clear Legal Authority For New Tariffs
- Reimpose tariffs only after clear legal grounding to avoid repeated reversals and negotiation breakdowns.
- Sir Richard Dearlove notes Trump plans to use the 1974 Trade Act for a temporary 15% tariff, which will force new deals and renegotiations.
Manufacturers Split Over Tariff Fallout
- Business reactions are mixed: some US manufacturers welcomed tariffs as protective for onshoring, while others benefit from shifting production to Vietnam.
- Sir Richard Dearlove recounts a businessman in Aspen excited about Vietnam manufacturing gains.