anxiously wait for the U.S. Supreme Court to issue a ruling on the bulk of President Trump’s tariffs, some on Wall Street have started to question whether high tariff levels fit with the White House’s new affordability push.
Trump previously said any Supreme Court ruling against the legality of his tariffs would be “a complete mess” to deal with. Treasury Secretary Scott Bessent recently defended the tariffs, and provided an outline on how any missing tariff revenue could be replaced if the nation’s highest court determines Trump misused emergency powers to increase levies against U.S. trade partners.
How Trump’s affordability push is prompting Wall Street to rethink what’s next for tariffs
Published:
As investors
anxiously wait for the U.S. Supreme Court to issue a ruling on the bulk of President Trump’s tariffs, some on Wall Street have started to question whether high tariff levels fit with the White House’s new affordability push.
Trump previously said any Supreme Court ruling against the legality of his tariffs would be “a complete mess” to deal with. Treasury Secretary Scott Bessent recently defended the tariffs, and provided an outline on how any missing tariff revenue could be replaced if the nation’s highest court determines Trump misused emergency powers to increase levies against U.S. trade partners.
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