Listen "Trump Tariffs Face Supreme Court Challenge as US Trade Policy Shifts Amid High Stakes Legal Battle and Economic Uncertainty"
Episode Synopsis
Listeners, here’s the latest tariff news and headlines for the United Kingdom on Monday, November 10th, 2025.Today, the US and its trade policy under Donald Trump are making waves in international markets yet again. There’s high drama brewing in Washington as the Supreme Court has begun hearing a major case challenging Trump's tariffs, specifically those enabled by the White House’s emergency powers. According to ING, betting markets are strongly leaning toward Trump losing this legal battle, with a 72% chance the Supreme Court will uphold previous court rulings that found the emergency powers-based tariffs illegal. If the court strikes them down, some $88 billion in tariffs collected since their imposition could be refunded, which would be a remarkable development in US trade policy.Yale’s Budget Lab recently reported that, as of October this year, the US average effective tariff rate jumped to 18 percent, marking the highest level since 1934. This dramatic increase comes as the Trump administration continues its aggressive stance, especially targeting sectors like autos and metals. Despite high expectations, ING points out that these tariffs are raising only about 10 percent revenue on recent imports, far below the expected 16.6 percent. Whether these tariffs will remain in place or be overturned is hanging in the balance, and rapid changes may result from the Supreme Court decision.Listeners interested in the business impact will want to note that, according to Grant Thornton UK, there’s currently a 90-day pause on some US-imposed tariffs affecting UK businesses. This gives companies a short window to strategize and adapt, especially as uncertainty continues around future rates.The UK’s Trade Remedies Authority announced today it has initiated a review of the tariff rate quota on Category 13 steel safeguard measures. With global steel flows facing new disruptions, UK producers and exporters are watching closely to see if quota adjustments will help them remain competitive as American and European policies evolve.In the broader transatlantic context, the food and beverage sector is on the move. ING has reported record-breaking M&A activity, totaling nearly €25 billion so far this year. The reason? The Trump tariff environment and shifting currency pressures have driven European firms to seek local production in North America and the UK to avoid new costs and complexity.For listeners tracking the big picture, the combination of high US tariffs, legal battles, and shifting quota rules means UK trade and tariff policy remains in flux. Whether you’re an importer, exporter, or investor, the next few weeks—especially with the Supreme Court ruling and impending review periods—could bring fast-moving changes that affect your operations.Thank you for tuning in. Make sure to subscribe so you never miss the latest updates on United Kingdom tariffs. This has been a Quiet Please production. For more, check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
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