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ARTICLE · 14 JULY 2025

A Time Machine And A Bag Of Hammers: U.S. Tariffs Are Not Over

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If the White House wants tariffs, but the courts strike down the Reciprocal Tariffs, what other options are out there?

GlobalInternational Law
Reid Whitten
Reid Whitten
J. Scott Maberry
J. Scott Maberry
Jordan Mallory
Jordan Mallory
Jonathan Wang
Jonathan Wang
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If the White House wants tariffs, but the courts strike down the Reciprocal Tariffs, what other options are out there?

This is the question we asked ourselves and the answer is: there are plenty of other options. If it seems that the White House is wielding the hammer of tariffs where every problem looks like a nail, well, it turns out they have a whole bag of hammers.

We have gamed out the most likely ways that the White House might pursue tariff policies, and we walk through what those might look like, what the likelihood of each tariff regime may be, and what impacts each tariff might have on industry. We present our results below with all the usual caveats,1 but we think it is important to look clear-eyed at what (and how) tariffs may be coming next because you can bet that someone in the White House is looking at that same thing.2

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