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When asked if SCOTUS strike down US President Trump tariffs, he says will have to use something else

Newsquawk Staff ·

When asked if SCOTUS strike down US President Trump tariffs, he says will have to use something else.

What it means

The comment regarding the potential striking down of Trump-era tariffs suggests uncertainty in U.S. trade policy, which could lead to volatility in the forex and commodity markets. If tariffs are removed or altered, we might see strength in counterparts to the dollar (like EUR and JPY) and fluctuations in commodities such as gold and oil. Traders should watch for any rapid adjustments in market sentiment as this kind of news can profoundly influence risk appetite across various asset classes.

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