Mon, 23 Feb 2026

Mon, 23 Feb 2026 What now for Asia after Trump's tariffs struck down?

After the Supreme Court ruling, Trump said he would impose new levies of 15% on goods entering the US.

* Key US trading partners in Asia are facing uncertainty after the Supreme Court ruling that many of President Trump's tariffs are illegal.
* Trump has announced new global levies of 15% on goods entering the US, which could affect countries such as China, India, Indonesia, Japan, South Korea, Taiwan, and Singapore.
* The new tariff rate is a temporary solution under Section 122 of the Trade Act, which allows the tariffs to stay in place for around five months before the administration must seek congressional approval.
* Many Asian countries had negotiated trade deals with Washington, but these agreements do not have clear, legally binding agreements like traditional pacts.
* Governments across the region are evaluating the latest announcements and some, such as China and Japan, have expressed concerns about the new tariff rate and its implications.
* US allies in the region, including South Korea and Singapore, are also uncertain about what comes next with Trump's trade policy.
* Analysts predict that a flat 15% tariff rate will hit Asian economies that export finished products to the US the hardest, but the impact is complex and harder to gauge for countries that supply goods that are to be completed in America.
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