Speaking of serious matters: 🚨 #Market
Tomorrow, the U.S. Supreme Court will rule on whether Trump's use of the 1977 International Emergency Economic Powers Act to handle tariffs is legal!
I guess the Supreme Court will give a vague statement:
1. Not illegal, can be used short-term;
2. But cannot be used long-term;
3. Suggest creating a dedicated law!
To put it simply: this is not good news for Trump, it introduces potential risks to the financial markets, increases uncertainty, and the market may adopt a risk-averse sentiment.
View OriginalTomorrow, the U.S. Supreme Court will rule on whether Trump's use of the 1977 International Emergency Economic Powers Act to handle tariffs is legal!
I guess the Supreme Court will give a vague statement:
1. Not illegal, can be used short-term;
2. But cannot be used long-term;
3. Suggest creating a dedicated law!
To put it simply: this is not good news for Trump, it introduces potential risks to the financial markets, increases uncertainty, and the market may adopt a risk-averse sentiment.
