The Supreme Court threw a constitutional wrench in the Trump administration’s tariff plans. The February decision that struck down tariffs imposed under the International Emergency Economic Powers Act marks the latest episode of uncertainty for corporations, as tariffs are far from settled.

Finance leaders should take advantage of the “narrow window” the ruling created to explore recouping tariff-related costs and rework their financial plans, according to a Gartner report.

The whiplash. The Trump administration moved within hours of the SCOTUS ruling to replace the IEEPA tariffs with a flat 10% levy on imports from all countries under the Trade Act of 1974, and President Trump said that he would raise global tariffs to 15% over the ensuing weekend. However, that mechanism comes with a 150-day cut off before it needs to be extended by congressional approval.

Fitch Ratings estimated that, with likely exemptions for passenger vehicles, pharmaceuticals, United States-Mexico-Canada Agreement goods, and some electronics, the effective US tariff rate would be around 11.5%. But there are countries, like the UK and Australia, that had negotiated lower tariff rates that are now back up to 15%.

Keep reading.—JK

Like the burgers its condiments dress, Kraft Heinz recently flipped its decision to separate the landmark brands into two distinct companies.

Kraft Heinz’s newly minted CEO Steve Cahillane told investors on its Feb. 11 earnings call that the company reversed course on the split because “I have seen that the opportunity is larger than expected and that many of our challenges are fixable and within our control.”

Cahillane and Kraft Heinz’s Executive VP and Global CFO Andre Maciel told attendees at the Consumer Analyst Group of New York Conference on Feb. 19 about plans to return the business to profitable growth stem US market share losses with deep investment and innovative product offerings.

Forkin’ it out. Cahillane said that, despite the fact that the brands under the company “are so iconic, so special, [and] so well-known,” Kraft Heinz’s cannot “[continue] to rely on old ads on the nostalgia of the brands alone.” 

“Instead, we need to make these brands relevant for today. We need to contemporize them,” he said.

Keep reading.—DL

TL;DR: A hacker stole 150GB of Mexican government data—including taxpayer records, voter info, and government employee credentials—in a massive cyberattack reported yesterday. This is a case study in how AI is reshaping the cybersecurity landscape.

What happened: According to a new report from Bloomberg, a hacker used Anthropic’s Claude chatbot to identify vulnerabilities in Mexican government networks starting last December and, over roughly a month, made off with a trove of citizen data. The hacker initiated the attack by repeatedly prompting Claude to act like an elite hacker. While Claude did initially flag the activity as malicious intent, the hacker was eventually able to “jailbreak” Claude’s protective guardrails. In a statement, Anthropic said it disrupted the activity and banned the accounts involved. Researchers believe the hacker also turned to OpenAI’s ChatGPT for additional guidance, with the company saying it identified policy-violating attempts and blocked them. The attack hasn’t been attributed to any individual, group, or country.

Nothing to see here, folks: These kinds of AI-assisted cyberattacks are rapidly increasing in frequency.

Keep reading on Tech Brew.—AC