US Supreme Court Strikes Down Trump’s Global Tariffs
Market Intelligence Analysis
AI-PoweredThe US Supreme Court has struck down President Trump's global tariffs, citing that he exceeded his authority, leading to an initial market reaction of rising stocks and falling US yields, as well as a weaker dollar.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
The US Supreme Court struck down the Trump administration’s global tariffs. In a 6-3 ruling, the court said President Donald Trump exceeded his authority, with Chief Justice John Roberts writing for the majority. Stocks and US yields initially jumped, while the dollar fell. Trump said the ruling is a “disgrace.” (Source: Bloomberg)
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