Court ruling against Trump’s use of tariffs offers little respite for global economy, analysts say

LONDON: While the US Supreme Court’s ruling on Friday (Feb 20) against President Donald Trump’s use of tariffs marks a clear setback for his use of trade levies as an economic weapon, analysts say it offers little immediate relief for the global economy. Instead, they expect another bout of activity-crimping confusion combined with near-certainty that Trump will seek other means to replace the raft of global tariffs now struck down as unlawful. In the meantime, a long list of uncertainties remains – including what new tariffs Trump will seek to impose, whether the funds from the annulled levies will have…