After the Supreme Court swatted away Trump's initial tariff attempt, he is expected to explore other avenuesGlobal trade is grappling with uncertainties stemming from unpredictable US trade policy regarding tariffs. The Explainer explores the implications of the recent tariff announcement on US trading partners and anticipates possible new measures. The new baseline duty is imposed under Section 122 of the 1974 Trade Act, which allows the president to impose tariffs unilaterally. Most of these suits were already in progress before the Supreme Court decision. One concern for regional economies is the potential end of product-specific tariff exemptions once Section 232 investigations related to national security conclude.

Source: Bangkok Post February 27, 2026 17:53 UTC