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UK trade body says U.S. ruling on President Trump's tariffs adds to uncertainty

ReutersFeb 20, 2026 3:53 PM

- A British trade body said on Friday that a U.S. Supreme Court ruling against President Donald Trump's global tariffs has added to the uncertainty businesses are facing.

"While this decision gives clarity on the President’s executive powers to raise tariffs it does little to clear the murky waters for business," the British Chambers of Commerce said in a statement.

"The court's decision also raises questions on how U.S. importers can reclaim levies already paid and whether UK exporters can also receive a share of any rebate depending on commercial trading terms."

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