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Southeast Asia Caught Between Relief and New Risks After US Court Strikes Down Trump Tariffs

The Supreme Court struck down tariffs under emergency powers, prompting a temporary 10% global duty and sparking a 150-day window for exporters to adjust, with uneven impacts across Southeast Asia.

  • On Friday, the Supreme Court invalidated Trump’s tariffs using the IEEPA, prompting the administration to impose a temporary 10% duty on Tuesday limited to 150 days.
  • Chief Justice John Roberts' majority opinion said the 1977 emergency law never mentions tariffs and that taxing power belongs to Congress, while President Donald Trump touted tariffs in his State of the Union address, claiming they could replace income tax.
  • Trade data show Vietnam and Thailand's large export volumes to the US, with Vietnam exporting US$142 billion and Thailand US$66 billion in 2024, benefiting from the tariff changes.
  • Hundreds of importers, including Costco and Toyota, have sued for refunds even as a Federal Reserve Bank of New York report found 90% of the 2025 tariffs' burden fell on U.S. firms and consumers.
  • ASEAN, chaired by the Philippines, is likely to coordinate responses as analysts expect more intra-ASEAN trade and businesses rethink supply chains amid chronic unpredictability.
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NODAL broke the news in on Tuesday, February 24, 2026.
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