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Originally published by Capital News
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February 23, 2026
2h ago

15pc global tariff by US sparks uncertainty across Asian economies

15pc global tariff by US sparks uncertainty across Asian economies

Asian economies face fresh uncertainty after the US imposed a 15pc global tariff and the Supreme Court ruled earlier reciprocal tariffs unconstitutional, raising questions over trade deals and refunds...

✨ Key Highlights

The United States has announced an immediate increase of its worldwide tariff from 10% to 15%, sparking uncertainty across Asian economies that had secured lower rates through trade concessions.

  • The new 15% global tariff raises questions about the validity of bilateral trade deals between the US and Asian nations.
  • Analysts suggest this move reflects the US government's penchant for “unilateral economic transactionalism.”
  • Some Asian economies that previously faced tariffs above 15% may now see an advantage, while others who made concessions for lower rates face significant challenges.

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