Tag: Global Tariffs

Donald Trump

Trump Slaps Worldwide 15% Tariffs After Supreme Court Setback, Deepening Legal and Economic Uncertainty

The Asia Live News Service - February 22, 2026
US President Donald Trump has announced a sweeping increase in baseline tariffs on imports from all countries to 15%, escalating global trade tensions just hours after a landmark Supreme Court ruling struck down his earlier use of emergency powers to...
US Supreme Court

US Supreme Court Delivers Major Blow to Trump’s Trade Agenda, Rules President Lacked Authority to Impose Sweeping Global Tariffs Under Emergency Law

The Asia Live News Service - February 21, 2026
In a landmark rebuke to executive power, the US Supreme Court on Friday ruled that President Donald Trump exceeded his legal authority when he invoked a 1977 emergency law to impose sweeping global tariffs, a move that ignited a far-reaching...