Between the results of those investigations, a lack of clarity surrounding tariff refunds and geopolitical ramifications that threaten deals Trump made with trading partners to lower auto tariff rates, the global supply chain is now in a “very confused state,” Wedbush analysts said in a Feb. 23 research note.

Countries that under the threat of tariffs made commitments like enormous investment pledges face the reality that they may have been better off waiting.

By Arriana McLymore and Nicholas P. Brown NEW YORK, Feb 20 (Reuters) - Thousands of businesses won a hard-fought victory when the U.S. Supreme Court ruled to overturn the White House's emergency tariffs.