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15% Global Tariff Shock — Should Investors Panic or Buy?

The global tariff landscape has just been reset.

On 20 February 2026, the US Supreme Court ruled 6–3 that President Trump’s IEEPA tariffs were unconstitutional. Within hours, Trump pivoted. Within 24 hours, he escalated — imposing a flat 15% global tariff under Section 122 of the 1974 Trade Act.

What does this mean?

• China’s 34–50% tariffs reset to 15%
• India’s ~25% tariffs drop to 15%
• UK loses its negotiated 10% deal
• Japan & South Korea see their bargaining leverage evaporate
• ASEAN manufacturers get temporary relief
• Singapore & Malaysia face a new 15% environment

But the real story isn’t just trade.

The Supreme Court just placed a leash on executive tariff power.

In this 1M65 Macro Briefing, we analyse:

✔ Who are the real winners and losers
✔ Why markets are only down 0.4% — not 4%
✔ What 15% means for S&P 500 earnings
✔ Bull, base and bear scenarios over the next 150 days
✔ What Singapore & Malaysia should expect
✔ How disciplined investors should position now

The next five months will be noisy.

But disciplined investors compound through chaos.

Watch till the end for the 1M65 strategic takeaway.

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