economy
February 24, 2026
China urges US to scrap all tariffs
China has urged the US to cancel tariffs imposed by President Donald Trump, warning they violate international trade rules and US law
TL;DR
- China urges the US to cancel unilateral tariffs following a Supreme Court ruling that voided most of them.
- The Supreme Court ruled that President Trump lacked the authority to impose tariffs under the International Emergency Economic Powers Act.
- China argues the tariffs violate international trade rules and US domestic law.
- The Trump administration is seeking alternative legal measures to reimpose permanent tariffs.
- US partners like the EU and South Korea are seeking clarity on US intentions regarding the tariffs.
- India has reportedly delayed trade talks due to the uncertainty created by the ruling and Trump's reaction.
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