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Korea Shields 6,000 Exporters After SCOTUS Strikes Trump's Tariffs

February 22, 2026·3 days ago·via KoreaTechDesk
Korea Shields 6,000 Exporters After SCOTUS Strikes Trump's Tariffs
South Korea moves swiftly to protect 6,000 exporters hit by the fallout from the U.S. Supreme Court's February 20 ruling that Trump's IEEPA tariffs exceed presidential authority, reserving that power for Congress under the Constitution. The decision vacates those tariffs, forcing potential refunds on $175 billion collected, while Trump pivots to a bold 15% global tariff under Section 122, effective February 24 for up to 150 days until Congress weighs in.

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