The US trade landscape is facing heightened uncertainty as President Trump reacts strongly to a court ruling that found many of his tariffs illegal. The ruling, delivered last week by the federal appeals court, has opened the door for potential tariff rollback and raised concerns about its implications for global trade agreements. President Trump announced he will hold an emergency meeting tomorrow to address this issue, highlighting the seriousness of the situation’s impact on US economy and foreign relations. The decision comes as importers are grappling with the possibility of refunds after a previous ruling found many tariffs imposed under the International Emergency Economic Powers Act (IEEPA) excessive. While experts acknowledge the ruling is positive for importers, they emphasize that this case is far from over.