The Stocks to Watch When Supreme Court Rules on Trump’s Tariffs
3 Articles
3 Articles
The Stocks to Watch When Supreme Court Rules on Trump’s Tariffs
An upcoming US Supreme Court ruling on the legality of the sweeping tariffs that President Donald Trump rolled out in April — briefly sending markets worldwide into a tailspin — could be the next test for stocks that have been flying high.
The Supreme Court will back Trump on firing agency heads, but not on tariffs
In a Supreme Court term with several important cases on executive power, two stand out. Both will be decided this Spring. One is the tariffs case, argued a few weeks ago. The three liberal Justices will go against Trump, of course, because Orange Man Bad. But even the conservative Justices – especially the three appointed by Trump – appeared skeptical that the President could unilaterally impose broad tariffs. Tariffs are much like a tax. The ta…
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