简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Markets Brace for Historic Supreme Court Ruling on Tariffs
Abstract:Wall Street braces for a pivotal Supreme Court decision on the legality of comprehensive tariffs, with significant implications for US Treasury yields and equity sectors.

Global financial markets are on high alert as the US Supreme Court prepares to issue a ruling potentially as early as Friday regarding the legality of the administration's comprehensive tariff agenda. The decision is seen as a binary event for risk assets and the bond market.
The Stakes: Profits vs. Deficits
The ruling will determine whether the President has the authority to unilaterally impose sweeping levies on imports.
The Bond Market Dilemma
Paradoxically, a “business-friendly” ruling striking down tariffs could hurt US Treasuries. Tariffs have become a significant source of government revenue; removing them re-ignites fears regarding the federal deficit. Morgan Stanley warns that invalidating the tariffs could lead to a steepening of the yield curve as investors demand a higher premium for holding US debt amid fiscal uncertainty.
Traders are advised to prepare for volatility in USD/JPY and US Equities as the decision drops, with the potential for sudden sector rotations out of domestic producers and into multinational importers.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
