Decoding the impact of the U.S. Supreme Court ruling on tariffs

The U.S. Supreme Court has ruled against the Trump administration's use of emergency powers to impose tariffs. On Friday, the Supreme Court handed down a six-to-three decision that dealt a blow to the White House's legal authority to collect sweeping tariffs. What will this mean for U.S. trade policy in the short and long term? What impact will this ruling have on major U.S. trade partners?