The Asian market is generally on the rise, ignoring the uncertainty of US tariffs.

date
23/02/2026
On Monday, Asian stock markets generally rose, and the South Korean stock index hit a record high. The US Supreme Court overturned most of the tariffs imposed by Trump during his second term last Friday, prompting the US President to impose a 15% global tariff and stating that the new tariffs will replace many tariffs that were ruled illegal by judges. Brian Leavitt, global chief market strategist at Shenyin, said that the ruling was expected and that the initial market reaction, such as the rise in non-US stocks and the weakening of the US dollar, seemed to be a subconscious response to the news rather than a sign of fundamental changes in the global economic landscape. Leavitt said that overall tariff levels in the US are unlikely to significantly decrease, as other regulations give Trump broad powers to impose tariffs through different legal frameworks.