Multiple parties pay attention to the uncertainty of trade with the United States

The US Supreme Court recently announced a ruling that the International Emergency Economic Powers Act does not authorize the President to impose large-scale tariffs. Subsequently, US President Trump announced a 15% tariff on goods from all countries and regions, further increasing global trade uncertainty. The EU, Japan and other major trading partners of the United States have responded and are waiting for the US to clarify relevant information. In the United States, the demand from the business community for tariff refunds continues to rise.

The European Commission issued a statement on the 22nd stating that it hopes the US will comply with the trade agreement reached with the EU. As the largest trading partner of the United States, the European Union expects the United States to fulfill its commitments in the joint statement. The European Commission reiterated its hope that the United States will clarify what measures it will take in response to the ruling.

European Central Bank President Lagarde said in an interview with CBS News that all parties should be vigilant about commercial risks, and businesses need "predictability" rather than "legal battles". Any new tariff plan must be clearly defined.

The German business community is adopting a wait-and-see attitude towards the ruling of the US Supreme Court. The German Machinery and Equipment Manufacturers Association issued a statement saying that "the ruling is important", but its actual impact is still difficult to determine, which also increases the uncertainty that companies "continue to face".

Canada welcomes the ruling. Ontario Premier Doug Ford posted on social media that this ruling is an "important victory," but the struggle will continue and "we need to closely monitor the White House's follow-up response.

Australian Trade and Tourism Minister Don Farrell said that the Australian side is "evaluating the impact of the ruling" and supports free and fair trade, consistently opposing "unfair tariffs".

Kyodo News reported that the Japanese government is highly vigilant about potential confusion in exports to the United States and is confirming detailed information with the US. According to Yonhap News Agency, South Korean Minister of Industry, Trade and Resources Kim Jong gun stated on the 23rd that South Korea will continue to negotiate with the United States to maintain a "balance of interests" between the two countries.

The US Supreme Court's tariff ruling has caused uncertainty in the prospects of the trade agreement between India and the United States. Reuters reported, citing sources from the Indian Ministry of Trade, that the Indian trade negotiation delegation has postponed their trip to Washington, with the specific date to be determined. Earlier this month, the White House announced the framework of a temporary trade agreement between the United States and India. Indian officials revealed at the time that the two sides planned to sign a formal trade agreement in March.

US Trade Representative Jamison Greer stated in an interview with Fox News that trade agreements reached between the United States and other trading partners must be complied with. He gave an example that the tariff rate on goods imported from Malaysia and Cambodia to the United States will remain at 19% as previously agreed.

In response to the United States' unilateral imposition of tariffs again, Brazilian President Lula called on countries in the global South to join hands and fight against unilateral bullying with multilateralism, and to respond to challenges with unity. Mexican Economy Minister Marcelo Ebrard stated that Mexico will carefully analyze the scope of the impact of the new US tariff measures and avoid hasty reactions that could affect economic stability in Latin America.

In the United States, a focus of public opinion is whether companies can smoothly obtain tax refunds. According to the budget model of the Wharton School of the University of Pennsylvania, the final ruling on tariffs by the Supreme Court may involve a refund amount of $175 billion.

According to reports, importers may need to apply to the US Customs and Border Protection and take legal action in order to obtain tax refunds. Mark Bush, a professor of international trade at Georgetown University in the United States, said, "This means there will be a lot of chaos." He believes that the most reliable and quickest way for companies to recover funds is for Congress to intervene and announce automatic refunds. If there were no congressional intervention, it would take several years.