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🚨 $175 BILLION JUST GOT THROWN INTO LEGAL LIMBO
The Supreme Court struck down the IEEPA tariffs.
Customs stops collecting them Tuesday.
Over $175B in revenue now potentially refundable.
But here’s the twist.
Trump is replacing them with a fresh 15% global tariff under different authority.
Why this matters:
This isn’t tariff relief. It’s tariff reshuffling.
Markets now face policy whiplash, legal uncertainty, and potential Treasury outflows if refunds hit.
Let's see how the market reacts when US opens.