U.S. President Donald Trump publicly expressed his discontent with the Supreme Court's recent ruling that deemed his tariffs, imposed under a national emergency law, illegal. During a meeting with state governors, he labeled the decision as 'shameful,' indicating that the ruling undermined his authority and actions taken during his presidency. Trump further stated that he has a 'backup plan' concerning the tariffs, although details of this plan were not disclosed.

The Supreme Court's ruling has significant implications, not only for Trump's administration but also for trade relations between the U.S. and other countries. The ruling has been cautiously welcomed in international circles, particularly in Europe, where concerns about the impact of tariffs have been prevalent. The German industry's umbrella organization BDI characterized the court's decision as a strong signal in support of rule-based trade, urging the European Union to take action to resolve the uncertainties left by the ruling and its effects on businesses.

As the Biden administration takes over, the response to this ruling and how it will manage the fallout from Trump's tariffs will be closely scrutinized. Businesses that have been affected by these tariffs will seek clarity on future trade policies, especially as global economic recovery continues amid ongoing tensions. The potential for future tariffs or trade restrictions remains a critical issue for international relations, and both American and European stakeholders are poised to see how this legal decision will shape the economic landscape.