### Crucial Days Ahead for Global Trade War

In the coming days, a series of pivotal events are set to influence the course of the ongoing trade war, impacting both the U.S. and global economies. These events will provide clarity on the route that international trade relations will take moving forward.

Several important legal and diplomatic deadlines are approaching, which will be critical in determining future trade policies. Currently, the tariffs put into place by President Trump remain active, including a 10% global baseline tariff along with additional tariffs targeting specific countries and sectors.

A key development to watch is the ruling by the trade court that struck down the IEEPA tariffs. Should this ruling hold, the administration still has other strategies at its disposal to implement tariffs, although these alternatives may be more cumbersome compared to the swift actions seen during Trump's tenure.

It's important to note that the anticipated date for the final trade offers has been corrected to June 4, adjusting previous information that incorrectly cited June 3. This clarification underscores the importance of accurate timelines in understanding the evolving landscape of international trade.