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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.

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The European Parliament has temporarily suspended ratification of a trade agreement with the US due to legal uncertainty and new tariffs from the US side.

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The 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.

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The US's 15% global tariff following the Supreme Court ruling has raised new concerns, causing Asian economies to continue cautiously awaiting a response.

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Japan is concerned that Donald Trump's new 10% tariff could disrupt exports to the United States.

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The US President's defeat at the Supreme Court on tariff policy does not affect the individual trade agreements that Washington has already signed.

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Many companies in the Asia-Pacific region are reporting financial losses, changes in supply chains, capital withdrawals, and scaling back operations from the US market.

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Following the US Supreme Court ruling, importers are reaping significant benefits, and the international market is reacting positively.

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On 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%.

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The 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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