While the U.S. Supreme Court's ruling on Friday against President Donald Trump's use of tariffs marks a clear setback for his use of trade levies as an economic weapon, analysts say it offers little immediate relief for the global economy.

Instead, they expect another bout of activity-crimping confusion combined with near-certainty that Trump will seek other means to replace the raft of global tariffs now struck down as unlawful.

In the meantime, a long ​list of uncertainties remains — including what new tariffs Trump will seek to impose, whether the funds from the annulled levies will have ‌to be ‌refunded and whether territories that entered deals with the U.S. to mitigate their impact will see those pacts ​reopened for review.

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