U.S. importers still paying Trump's illegal tariffs even after Supreme Court ruling
Billions in U.S. cargo are still being slapped with Trump's "reciprocal" tariffs even after being struck down by the Supreme Court ruling.
Last updated: 2026-02-22 23:59:02 ET
Pulse AI Brief
Updated Feb 22, 2026 10:00 PM ET
South Korea's Kospi index reached a new high as Asian markets largely shrugged off the latest tariff announcements by U.S. President Donald Trump. Despite the imposition of global tariffs of 15%, investors showed resilience, focusing instead on potential long-term trade clarity.
The Kospi's rise indicates investor confidence in the region's economic fundamentals, while other Asian indices also showed gains. This suggests that markets are pricing in a resolution or mitigation of tariff impacts.
The market reaction underscores a broader sentiment that geopolitical tensions, while impactful, may not derail economic growth in Asia. It also highlights the need for clarity in U.S. trade policies.
Billions in U.S. cargo are still being slapped with Trump's "reciprocal" tariffs even after being struck down by the Supreme Court ruling.
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