A new round of tariffs covering nearly all US imports is creating renewed uncertainty for companies already navigating a rapidly shifting trade landscape. While legal challenges are underway, trade practitioners caution that the latest measures rest on firmer statutory footing than the tariffs the Supreme Court previously struck down, making near-term relief less likely.
“Boards should assume tariff costs will remain volatile over the next two years as the White House continues to combine formal trade actions with unpredictable threats,” Bracewell’s Josh Zive told Agenda.
“Unlike the IEEPA tariffs invalidated by the Supreme Court, the principal new tariffs rely on Sections 232 and 301, which have stronger legal and procedural foundations,” Zive said. “Challenges will create uncertainty but are unlikely to provide timely or comprehensive relief.”
