Analyst: Trump's Tariff Battle May End Up in the Supreme Court

According to a report by Jinse Finance, Kyle Rodda, a senior financial market analyst at Capital.com in Melbourne, commented on the suspension of Trump's tariffs: This is major news. It has long been argued that the emergency powers Trump used to implement tariffs are unconstitutional, as the power to set tariffs belongs to Congress. This ruling has sparked a battle that may now end up in the Supreme Court. This is a dangerous situation because the government might ignore the court's decision, which could put more pressure on U.S. institutions as tensions rise. However, the court might delay and then overturn these tariffs, thereby eliminating a huge risk, and the market could get its wish, undoubtedly stirring risk appetite. (Jin10)