Global trade dynamics face fresh uncertainty after the US Supreme Court struck down former President Donald Trump's sweeping tariffs on February 21, 2026—a decision met with cautious optimism by US trading partners. While the ruling invalidates tariffs imposed under emergency powers, Trump swiftly announced a new 10% levy on all imports, reigniting concerns about trade wars.
Key Reactions Across the Globe
🇪🇺 European Union: EU trade spokesman Olof Gill emphasized the need for "stability and predictability," while Germany's BDI industry group praised the ruling as proof of "strong separation of powers" in the US.
🇨🇦 Canada: Trade Minister Dominic LeBlanc called the overturned tariffs "unjustified," but warned sector-specific duties on steel and aluminum remain. Business leaders cautioned against expecting a "reset" in US trade strategy.
🇫🇷 France: President Macron hailed the court's role as a democratic counterweight, stressing the need for "reciprocity, not unilateral decisions." Economy Minister Roland Lescure called tariffs "open to debate."
🇲🇽 Mexico: With 80% of exports US-bound, officials said they're analyzing the potential impact of Trump's new 10% levy. Economic Minister Marcelo Ebrard stated, "We'll adapt as needed."
What’s Next?
While the ruling curbs executive overreach, experts warn Trump's latest tariff plan could disrupt supply chains and inflation trends. As the UK seeks clarity on its "privileged trading position" and Germany pushes for transparency, one thing’s clear: 2026’s trade landscape remains as volatile as ever. 🔥
