Why Asian firms are not cheering Trump tariff ruling

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Asian firms are not celebrating the US Supreme Court's decision to strike down a key part of former President Trump's tariff regime because it has created further uncertainty. While the ruling invalidated billions of dollars in levies, Trump quickly signed an executive order imposing a new global tariff, initially at 10%, using a different legal basis. The US Trade Representative later indicated this could rise to 15% "where appropriate." Businesses across Asia, many of whom had adjusted strategies to navigate the original tariffs, now face renewed confusion regarding access to the US market. Some fear the shifting US trade policy could inadvertently strengthen China's manufacturing dominance.
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