Countries around the world — Canada included — are waiting anxiously as the U.S. Supreme Court considers whether President Donald Trump has the authority to continue using his favoured tariff tool.

No matter which way the court jumps, however, the Trump administration is expected to maintain some level of tariffs on the United States’ trade partners.

Trump told reporters in the Oval Office on Thursday it would be “devastating” for the country if the top court rules against him, “but I also think we will have to develop a game two plan.”

The conservative-led U.S. Supreme Court heard arguments Wednesday related to two separate legal challenges of Trump’s use of the International Emergency Economic Powers Act for tariffs.

Trump used the national security statute, better known as IEEPA, to

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