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.
11 Articles
11 Articles
Dick Polman: Don’t expect your money back from Trump’s tariffs
It’s nice that the U.S. Supreme Court decided the other day to take Donald Trump to the woodshed and school him on the Constitution. Two cheers to the high court for finally (albeit belatedly) doing something reining in Trump a tad. John Roberts’ majority opinion — employing strict constructionism, a traditional conservative tenet — pointed out Trump’s wanton global tariffs were illegal because (1) the 1977 “emergency” law he has used as a fig l…
Southeast Asia caught between relief and new risks after US court strikes down Trump tariffs
Southeast Asian countries could benefit from a temporary lowering of tariffs, but analysts warn there are other means United States President Donald Trump can use to keep his trade agenda alive.
After Trump tariffs are struck down, some Ohio businesses want their money back
President Donald Trump speaks during a press briefing at the White House Feb. 20, 2026 in Washington, D.C., after the U.S. Supreme Court ruled against his use of emergency powers to implement international trade tariffs. Also pictured on stage, left to right, are Solicitor General John Sauer and Secretary of Commerce Howard Lutnick. (Photo by Kevin Dietsch/Getty Images)Former Ohio Democratic U.S. Sen. Sherrod Brown is criticizing his opponent, O…
Trump says tariffs could replace income tax
On Friday, the Supreme Court delivered a major setback to Trump's agenda when it struck down his sweeping tariffs. Trump announced later he would reimpose global tariffs at 15%, though they took effect Tuesday at 10%.
Trump Imposes 10% Global Tariffs, Sparks Market Uncertainty
President Trump’s new 10% global tariffs have taken effect, marking a significant shift in trade policy following the Supreme Court’s ruling that invalidated his previous sweeping duties. The president signed an executive order late Friday, invoking Section 122 of the Trade Act of 1974, which allows for tariffs of up to 15% for up to 150 days to address trade deficits. This move has already… Source
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