China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Wall Street Falls as Treasury Yields Surge, Oil Rebounds on Iran Tensions 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
US, China Extend Trade Truce to Jan. 10 Ahead of Trump-Xi Summit 
Russian Envoy Dmitriev Heads to US for Ukraine Talks 
Add as a preferred source on Google
Asian trading partners are reassessing their positions after U.S. President Donald Trump pledged to introduce a new 10% tariff on imports from all countries, just hours after the U.S. Supreme Court struck down several of his earlier trade measures. The ruling invalidated tariffs imposed under the International Emergency Economic Powers Act (IEEPA), a law designed for national emergencies, affecting major export-driven economies including China, Japan, South Korea, and Taiwan.
According to trade policy monitor Global Trade Alert, the decision reduces the U.S. trade-weighted average tariff rate from 15.4% to 8.3%. Countries such as China, Brazil, and India could see double-digit percentage point reductions, though tariff levels remain historically elevated. Despite the court’s decision, Trump announced plans to implement a temporary 10% duty for 150 days under a different legal framework, fueling uncertainty in global markets and raising concerns of further trade restrictions.
Japan stated it would carefully review both the court ruling and Washington’s response before taking action. Taiwan, a critical player in global semiconductor supply chains, said the initial impact appears limited but pledged close coordination with U.S. authorities. Taiwan recently signed two trade agreements with the U.S., including a $250 billion investment commitment and a pact to reduce reciprocal tariffs.
China has not formally responded, though a senior Hong Kong official described the U.S. situation as a “fiasco.” Hong Kong’s secretary for financial services highlighted the city’s separate customs status, which has historically shielded it from direct U.S. tariffs on mainland Chinese goods and reinforced its trade stability.
Analysts warn that legal setbacks may not ease global trade tensions. Businesses across the Asia-Pacific region continue to report financial strain, supply chain adjustments, and market withdrawals amid escalating tariffs through 2025 and early 2026. Some countries, including Thailand, may temporarily benefit from “front loading” shipments to the U.S. before additional tariffs take effect.
