Asia responds to the invalidation of Trump’s tariffs and its new global rate.

This Saturday, several countries and regions in Asia reacted to the decision of the United States Supreme Court that overturns most of the tariffs imposed by President Donald Trump’s administration since April, as well as to the new global tariff of 10% that the president signed in response to this ruling. Tokyo asserts that the removal of the tariffs will not impact previously agreed investments, according to the economic newspaper Nikkei. Taiwan and Hong Kong anticipate an effect from the new global tariff, while China has yet to make any comments. The reactions emerged following the United States Supreme Court’s decision, which concluded that the Trump administration exceeded the powers it had invoked to impose much of its tariffs on its trading partners. In response to the decision that overturns reciprocal tariffs and other general taxes established by Trump, the president signed a global tariff of 10% applicable to all countries. The legislation supporting this new executive order only authorises a tariff increase of up to 15% for a period of 150 days, leading to uncertainty about its long-term implementation.