US President Donald Trump's tariff decisions since he took office in January 2025 have shocked financial markets and sent a wave of uncertainty through the global economy.

The U.S. Supreme Court did not issue a ruling on Wednesday on the legality of President Donald Trump's "reciprocal" tariffs on America's trading partners, including South Korea, despite expectations that the decision would come as early as this week.

"A decisive rethinking of American foreign economic policy that fuses the imperatives of national security with economic priorities runs through the Trump and Biden years," writes Inu Manak

If the court rules that the president was wrong in invoking the emergency powers, the Trump administration will have to reimburse importers who already have paid the duties. The reimbursement is estimated to be more than $133.5 billion as per a Reuters report.

The Supreme Court justices meet today, but when will the highly anticipate ruling on Trump's tariffs come? Here's what we know.

President Trump has targeted eight European nations with escalating import taxes to force a deal for the Arctic territory's purchase.

China posted a record $1.2 trillion trade surplus in 2025, despite steep tariffs imposed by President Trump on the country’s goods, new customs data released Wednesday showed.  2025’s trade

When the Supreme Court was earlier expected to issue the tariff ruling on Jan. 9, a crypto whale bought Solana (SOL) tokens worth roughly $8 million. The order is still open.