Trump hikes new global tariffs to 15%: What this means for companies
US stock futures (ES=F, NQ=F, YM=F) fall Monday morning due to new uncertainty presented by the Supreme Court's decision to strike down President Trump's sweeping trade tariff policies on Friday, leading to the administration to now impose a 15% global tariff (originally proposed as 10% by Trump last week). Yahoo Finance Washington Correspondent Ben Werschkul helps paint a picture of what these new tariff rates imposed on other countries could look like, which products and materials are or aren't affected, and whether the companies in tariffed sectors could see refunds from the Trump administration. To watch more expert insights and analysis on the latest market action, check out more Morning Brief. For more on the Supreme Court's tariff ruling, check out these videos:Trump responds to SCOTUS tariff ruling: It's 'deeply disappointing'SCOTUS struck down Trump's tariffs. Now what?Supreme Court tariff ruling: Here's everything you need to knowSCOTUS tariff ruling: Markets need to understand '2 things'Trump tariffs 'overstepped' constitutional bounds: Ex-Watergate prosecutorWhat the tariff ruling means for already-negotiated trade dealsSCOTUS ruling: What a remedy to Trump tariffs could look likeCould Trump use a reconciliation bill to push for new tariffs?