🚨JUST IN : SUPREME COURT STRIKES TRUMP TARIFFS
The Supreme Court ruled 6-3 that President Trump overstepped authority under the IEEPA - invalidating most 2025 “reciprocal” & fentanyl-related tariffs (~70% of total).
💰 Importers could claim $150–175B in refunds.
⚖️ Section 232 & 301 tariffs remain.
📜 Admin may use other laws to reinstate duties.
A 6–3 call from the Supreme Court of the United States changes the risk map overnight.
If ~$150B+ in refunds becomes real, that’s liquidity shifting hands fast.
But with other tools still on the table, this isn’t a clean reset. ⚖️💰.
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