South Korea's Blue House pledges measured response to U.S. court ruling invalidating Trump's 10% global tariff, noting the decision's limited scope and 150-day maximum duration for Section 122 tariffs while monitoring developments closely
#YonhapInfomax #BlueHouse #TrumpTariff #USCourtOfInternationalTrade #Section122 #GlobalTariff #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=119504

Legal experts and economists warn that Donald Trump’s proposed 15% global tariff lacks justification under Section 122, as the U.S. faces no fundamental international payments crisis, with robust demand for U.S. assets and no signs of capital flight or currency stress.
#YonhapInfomax #Trump #Section122 #GlobalTariff #BalanceOfPayments #USTreasuries #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106387

South Korea's Deputy Prime Minister Gu Yoon-chul pledged proactive measures in response to the US Supreme Court's ruling on reciprocal tariffs, emphasizing ongoing uncertainty and the need to protect national interests in trade relations with the US.
#YonhapInfomax #GuYoonChul #USTariffRuling #ReciprocalTariffs #Section122 #NationalInterest #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106321

‘Go to Congress’: Neal Katyal challenges Trump’s 15% global tariff https://english.mathrubhumi.com/news/world/neal-katyal-challenges-trump-15-percent-global-tariff-section-122-ys8uxn2o?utm_source=dlvr.it&utm_medium=mastodon #TrumpTariffs #NealKatyal #USTradeLaw #SupremeCourt #Section122

“In that press conference #Trump announced that he would immediately use another little-known legal route — #Section122 — to impose immediate 10 percent #tariffs across the board.” open.substack.com/pub/paulkrug...

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