Trump’s Tariff Reversal Is a Win for Rivals China, India

And just like that, US President Donald Trump’s whole trade policy — which has dominated global discourse since he returned to the White House more than a year ago — is in disarray.

The clear loser from the US Supreme Court’s decision to declare Trump’s preferred mechanism for applying tariffs was illegal is Trump himself. Stripped of the sweeping authority he had claimed under emergency powers, the tools he has left are less agile and subject to fresh legal challenges.