Trump Imposes New Tariffs After Supreme Court Ruling

US President Donald Trump warned countries against abandoning recently negotiated trade deals after the United States===Supreme Court of the United States struck down his emergency tariffs. He stated that he would impose much higher duties under different trade laws and suggested new license fees on trading partners. This move follows the Supreme Court's decision invalidating tariffs under the International Emergency Economic Powers Act, though Donald Trump claims it affirmed his ability to use other legal authorities for tariffs. In response, the European Union postponed a vote on its trade deal with the United States, and China and India expressed concerns, with India delaying planned talks. The uncertainty unnerved markets, leading to declines in major stock indices and a weakening of the United States===United States dollar.