How Will Trump Respond to the Supreme Court Tariff Ruling?

• Supreme Court struck down Trump's tariffs, leading to his reaction calling it a 'disgrace' and stating he has a 'backup plan'.
• Potential alternative tariff mechanisms include Section 122 (15% for 150 days for payments problems), Section 232 (national security, no limits), Section 201 (industry injury, 50% for 4 years), and Section 301 (discrimination, unlimited for 4 years).
• The implementation of new tariffs, especially Section 338 (discrimination, 50% unlimited) which has never been used, would introduce significant political and economic uncertainty.

The discussion centers on the Supreme Court's ruling against President Trump's global tariffs and his potential responses. Analysts suggest Trump will likely use alternative legal avenues, such as Section 122, to impose new tariffs, creating continued uncertainty in trade policy. The political implications of these actions, especially near mid-term elections, are also highlighted.