Domino effect of US tariff ruling will unfold slowly

US President Donald Trump briefly addressed the Supreme Court justices who attended his annual

State of the Union speech

, calling their ruling, which ended his signature tariff plan, “very unfortunate”.

In that 6-3 ruling, the court

invalidated his ability to levy his alleged “reciprocal tariffs”

– the core of his tariff regime. In an instant, hundreds of billions of dollars in trade levies became legally unenforceable.