President Donald Trump’s tariffs have upended world trade. And they are spawning haggling over international commerce — even between the U.S. and its closest allies. With the global economy on notice, the business community is feeling the uncertainty, as the Trump administration calibrates just how much executive power it can wield on trade without congressional input. Meanwhile, litigation has hit U.S. dockets and the World Trade Organization.

What’s in store for businesses in the days and weeks ahead? Are the tariffs enforceable? Will Congress or court cases ultimately prevail against them? And how are companies and consumers responding?

Join The Sidley Podcast host and Sidley partner, Sam Gandhi, as he speaks with two of the firm’s thought leaders on these issues — Ted Murphy, a co-leader of the firm’s Global Arbitration, Trade and Advocacy practice, and Andy Shoyer, a partner in that practice. Together, they discuss President Trump’s goals for his tariffs, the impact on the business community and our trading partners, and what litigation is taking shape in response. 

Executive Producer: John Metaxas, WallStreetNorth Communications, Inc.