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CNBC Daily Open: Trump’s reaction to Supreme Court tariff ruling seems to cause more uncertainty
US President Donald Trump speaks during a press conference in the Brady Press Briefing Room of the White House in Washington, DC, on Feb. 20, 2026. Mandel Ngan | AFP | Getty Images The U.S. Supreme Court on Friday struck down much of President Donald Trump’s “reciprocal” tariffs, which were invoked based on the International […]
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Asia-Pacific markets set to open higher as investors brush off Trump’s tariff hike to 15%
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were set to open higher Monday, brushing aside concerns after U.S. President Donald Trump announced over the weekend that he would increase global tariffs to […]
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U.S. importers still paying Trump’s illegal tariffs even after Supreme Court ruling
Despite Friday’s Supreme Court decision that ruled President Donald Trump’s “reciprocal” tariffs are illegal, U.S. importers are still paying duties on goods entering the country. U.S. Customs and Border Protection (CBP) has yet to update its Cargo System Management Service to remove the duties imposed by Trump under the International Emergency Economic Powers Act (IEEPA). […]
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