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President Donald Trump delivers remarks on the Supreme Court ruling on tariffs. Photo: The White House Photo / Patrick B. Ruddy / Flickr

US Supreme Court blocks Trump tariffs – but the trade war isn't over

The US Supreme Court struck down Trump’s emergency tariffs, but the trade war is evolving rather than ending. New surcharges, policy substitution and sunk economic costs leave global partners and the US economy facing prolonged uncertainty and lasting trade disruption.

 - Expert comment

Think Change
Podcast

Featured Episode:

Think Change episode 91: can the G20 fix the global investment disconnect?

If capital is abundant, why is productive investment lagging? And in an increasingly fragmented global economy, what role can the G20 play in shaping a more resilient and sustainable capital flows framework?

  1. Spring Meetings 2025: Time for action on Africa’s tightening liquidity and mounting debt pressures

    Expert comment

  2. Think Change episode 70: how can development financing be reformed? The road to Seville

    Podcast

  3. How the World Bank can do more in the Age of Trump

    Feature

  4. Three questions for AfDB presidential candidates – video series

    Interview

  5. Global bonds: US borrowing costs are hurting the rest of the world

    Expert comment

  6. Out with the calculator, in with the policy paper? Not so fast…

    Expert comment

  7. Central Asia in focus: What to watch as the EU scales up engagement

    Insight

  8. Joining up data to inform budget negotiations in Timor-Leste's education sector

    Feature

  9. MDB Insights Spring Meetings 2025

    Expert comment

  10. “Pink tariffs” worse for women: are Trump’s new tariffs gender-biased?

    Expert comment

  11. Think Change episode 69: are Southern-led MDBs the future of development finance?

    Podcast

  12. US trade fallout: global financial risks persist and could spread further

    Expert comment

  13. US implements sweeping reciprocal tariffs, igniting global economic challenges

    Expert comment

  14. Reflections from France, Benin, and Mali on Budgeting Reform, Evidence Use, and Institutional Practice

    Expert comment

  15. Finance ministries need more: more environmental expertise, more political savvy and more data

    Expert comment

  16. How do US policy changes target transgender rights and undermine democracy?

    Expert comment

  17. Resisting the inward turn: avenues for better global cooperation

    Expert comment

  18. Small Islands Big Picture episode 15: Navigating geopolitical upheaval: what does Trumpism 2.0 mean for SIDS?

    Podcast

  19. Think Change episode 68: can regional alliances save global trade?

    Podcast

  20. Three ways World Bank procurement can drive collaboration for the SDGs

    Expert comment