China's MOFCOM says it is assessing the US Supreme Court's ruling on tariffs and urges the US to lift unilateral tariffs on trading partners

• US tariffs on reciprocal goods and fentanyl breach trade rules and US law, and are not in the interest of any party.

China's Ministry of Commerce's statement regarding the US Supreme Court's ruling suggests rising tensions in trade relations, particularly around tariffs that China deems unlawful. This call for the US to lift unilateral tariffs could have implications for investor sentiment and might affect currency stability, particularly in the USD and JPY, as trade disputes can influence broader market dynamics.