Former official from the US Department of Commerce: Trump administration may maintain tariffs effectively through other regulations.

Trump's imposition of tariffs on multiple countries has been ruled illegal. William Reinsch, former senior official at the US Department of Commerce, stated that the Trump administration has been preparing for this ruling. "It is well known that the US government has anticipated this ruling and is preparing a Plan B, which may involve maintaining the tariffs through other regulations." There was almost no reaction to this ruling in after-hours trading on the US stock market. Art Hogan, Chief Market Strategist at B.Riley Wealth, said, "The last thing the market or US companies need is uncertainty in trade."