Asian Firms Unmoved by U.S. Supreme Court Tariff Ruling

Businesses across Asia reacted cautiously after the US Supreme Court struck down a central pillar of President Donald Trump’s tariff regime.

Entrepreneurs such as Singapore-based wellness brand founder Push Sharma said uncertainty has disrupted long-term planning, warning that shifting US trade policy could ultimately reinforce China’s manufacturing dominance rather than weaken it.

Exporters and manufacturers said the ruling created more uncertainty rather than relief.

The court found that the emergency powers law used to justify the sweeping tariffs did not authorize the policy, invalidating billions of dollars in levies.

Within hours, however, Trump signed an executive order imposing a new 10% global tariff under a different statute that allows temporary import taxes for up to 150 days without congressional approval.

He later threatened to raise the rate to 15%, though official documents showed the tariff remained at 10%.

Entrepreneurs such as Singapore-based wellness brand founder Push Sharma said uncertainty has disrupted long-term planning, warning that shifting US trade policy could ultimately reinforce China’s manufacturing dominance rather than weaken it.