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Opinion

Rising Trump uncertainty means companies need \'tariff insurance\'

A tariff dispute that appeared to be ending is showing signs of restarting after the U.S. Supreme Court ruled IEEPA tariffs illegal and invalid, prompting President Donald Trump to signal new global tariffs and a Section 301 probe. The column argues uncertainty itself has become a constant for companies. It says Korea needs pre-emptive protections such as expanding export insurance to cover tariff risk, citing China’s export insurance and Germany’s Hermes Cover as examples.

Finance

South Korean stocks shaken by U.S. Supreme Court ruling on reciprocal tariffs

South Korean shares fluctuated after the U.S. Supreme Court ruled the Trump administration’s reciprocal tariffs illegal, triggering a reassessment of trade risks. The KOSPI finished up 0.65 percent at 5,846.09 after briefly topping 5,900. The court voided a 15 percent reciprocal tariff, but Washington moved to impose a universal tariff. Analysts said downside risks eased for some sectors, while tariffs on autos and steel remain.

Industry

U.S. global tariff raised to 15 percent; Trump says new tariffs within months

U.S. President Donald Trump said he would raise a newly imposed worldwide tariff from 10 percent to 15 percent, a day after the U.S. Supreme Court ruled his reciprocal tariffs unlawful under the International Emergency Economic Powers Act. Trump said he acted after a full review of the court decision and that his administration would announce new, legally permissible tariffs in coming months. The article also outlines legal authorities under trade laws and notes potential legal challenges reported by WSJ and Reuters.