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President Donald Trump imposed a 15% global tariff after the US Supreme Court rejected most of the previous policy, which upheld the metal tariffs and drug exemptions under the USMCA.
MoreThe European Parliament has temporarily suspended ratification of a trade agreement with the US due to legal uncertainty and new tariffs from the US side.
MoreThe UK does not rule out the possibility of imposing retaliatory tariffs on the US after Washington raised import tariffs to 15%, but affirms its priority is cooperation and avoiding a trade war.
MoreThe US's 15% global tariff following the Supreme Court ruling has raised new concerns, causing Asian economies to continue cautiously awaiting a response.
MoreJapan is concerned that Donald Trump's new 10% tariff could disrupt exports to the United States.
MoreThe US President's defeat at the Supreme Court on tariff policy does not affect the individual trade agreements that Washington has already signed.
MoreMany companies in the Asia-Pacific region are reporting financial losses, changes in supply chains, capital withdrawals, and scaling back operations from the US market.
MoreFollowing the US Supreme Court ruling, importers are reaping significant benefits, and the international market is reacting positively.
MoreOn the evening of February 21st (Washington time), US President Donald Trump announced that he would continue to raise global tariffs on goods imported into the US from 10% to 15%.
MoreThe additional import tariffs signed into law by President Donald Trump apply to most goods entering the US, but leave exceptions for certain essential mineral and agricultural products.
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