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US Supreme Court Blocks Trump’s Tariffs: Implications for Vietnam–US Trade and Businesses

2026-02-27
The US Supreme Court has ruled that reciprocal tariffs imposed under the International Emergency Economic Powers Act (IEEPA) are unlawful. For Vietnam-invested businesses, this creates short-term uncertainty and longer-term trade management considerations, as a new 10 percent tariff has been introduced under Section 122 of the Trade Act of 1974, with President Trump seeking to raise it to 15 percent.
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