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World reacts as US top court limits Trump’s tariff powers

World reacts as US top court limits Trump’s tariff powers

Al Jazeera
Saturday, February 21, 2026 10:09:22 AM UTC

Some countries welcome the ruling, while others review trade deals and economic effect.

President Donald Trump has imposed a new 10 percent worldwide tariff after the United States Supreme Court struck down his previous trade measures, triggering immediate concern and responses from governments and markets.

On Friday, Trump announced the decision on his social media platform, Truth Social, saying he has signed an executive order to impose the global tariff, which will take effect “almost immediately”.

The US top court’s ruling and Trump’s new tariffs have left countries grappling with the legal and economic fallout, raising questions about ongoing agreements, tariff reductions, and the legality of past duties.

Governments are now evaluating how the new levy will affect key industries, investment plans, and trade negotiations, while analysts warn that uncertainty could persist until legal and trade frameworks are clarified.

In South Korea, one of the US’s closest allies, the presidential office, Blue House, has released a statement, saying the government will review the trade deal and make decisions in the national interest, casting a question mark over the agreement signed in November last year, which lowered tariffs from 25 to 15 percent in exchange for $350bn in cash and investments from South Korea in the US.

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