• The U.S. Supreme Court ruled against President Donald Trump's global tariffs on imports, deeming them illegal based on a 1977 law that does not authorize the President to impose such tariffs.
• Hours after the ruling, President Trump signed off on a new 10% global tariff, effective immediately, while stating there would be no changes to the India-U.S. trade agreement, though he expressed anger and alleged foreign influence on the court's decision.