
U.S. Supreme Court Judgment on Trump's Tariffs, Challenges to EU Ferroalloy Safeguards before the General Court of the European Union, and other Trade Developments
On February 20, 2026, the Supreme Court of the United States struck down a wide range of the reciprocal tariffs introduced by President Trump in 2025. The decision has been argued to be the most important loss Trump has faced during his second presidential term, and the decision's impacts on international trade remain in many respects uncertain. A few days later, an action for annulment of EU safeguard measures on ferroalloys was brought before the General Court of the European Union.