Trump prepares for State of the Union address as trade partners seek clarity on tariff deals

Global markets await Trump's State of the Union address as trade partners seek clarity on tariffs. Asian tech stocks hit records despite regional tensions.

Insights:
The U.S. Supreme Court struck down President Donald Trump’s emergency tariffs on February 24, 2026, a decision that removes the legal basis for the current U.S. tariff regime. This ruling has immediately altered the legal footing of trade policy in the United States USUS, prompting significant diplomatic queries and measurable market volatility. The development comes as markets in Asia reopen following recent holidays and as the U.S. prepares for an upcoming State of the Union address, creating a period of heightened sensitivity for international trade relations and regional market performance.
U.S. President Donald Trump attends a press briefing at the White House in Washington, D.C., on February 20, 2026, following a Supreme Court ruling that he exceeded his authority when imposing tariffs. REUTERS/Elizabeth Frantz/File Photo
U.S. President Donald Trump attends a press briefing at the White House in Washington, D.C., on February 20, 2026, following a Supreme Court ruling that he exceeded his authority when imposing tariffs. REUTERS/Elizabeth Frantz/File Photo
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