7 Potential Trades Following Supreme Court's Tariffs RulingTariffs continue to be the wild card swaying markets, but traders can agree that it clears a pathway for potential ideas. The Supreme Court's [landmark ruling] that struck down presidential tariff authority could create a high-velocity trading environment—a perfect setup for [Direxion's suite of leveraged-inverse ETFs].## Single-Stock ETFs to WatchThe byproduct of the Supreme Court ruling could be trade barriers shifting aggressively at the sector-s ...

Wow, that's a lot of people. That's a new record. We set a record every time. Well, thank you very much for being here. The Supreme Court's ruling on tariffs is deeply disappointing and I'm ashamed of certain members of the court, absolutely ashamed for not having the courage to do what's right for our country. I'd like to thank and congratulate justices Thomas, Alito, and Kavanaaugh for their strength and wisdom and love of our country, which is right now very proud of those justices. When you read the dis ...

Core Viewpoint - Lower tariffs would be beneficial for markets, but other factors are causing hesitation among investors [1] Group 1 - The potential for reduced tariffs is seen as a positive development for market conditions [1] - Despite the tariff reduction, uncertainties in the economic environment are keeping market participants cautious [1] - Investors are weighing the implications of tariff changes against broader economic indicators [1]

Wall Street is keeping calm Friday after the Supreme Court struck down President Donald Trump’s sweeping tariffs, which had triggered panic in financial markets when announced last year, and stocks are drifting in mixed trading.The S&P 500 was 0.1% higher in midday trading. It had been flipping between small gains and losses before the court’s ruling, following discouraging reports showing slowing growth for the U.S. economy and faster inflation.The Dow Jones Industrial Average was down 125 points, or 0.3%, ...

President Donald Trump said Friday he will sign an executive order imposing a new 10% "global tariff," hours after the Supreme Court struck down his sweeping "reciprocal" import duties in a major rebuke of his trade agenda.The new "Section 122" tariffs will come on top of the existing levies that remain intact following the high court's decision, Trump said as he raged at the "deeply disappointing" ruling during a White House press briefing."I'm ashamed of certain members of the court, absolutely ashamed fo ...

Other alternatives will now be used to replace the ones that the court incorrectly rejected. We have alternatives. Great alternatives could be more money will take in more money and will be a lot stronger for it.We're taking in hundreds of billions of dollars. We'll continue to do so. To show you how ridiculous the opinion is, however, the court said that I'm not allowed to charge even $1.I can't charge $1. Can't judge a dollar. I would have used one penny.But we don't make the pennies anymore. We save mone ...

In one respect this decision is not altogether surprising.The way the Supreme Court hearings were going, this seemed the most likely decision from the US judiciary. Even so, it's an enormous blow to the Trump regime.The best place to begin understanding this is to go all the way back in history to the US constitution.At the heart of it was the notion that the president should not have the unilateral power to set taxes which, back then at least, mostly consisted of tariffs. Tariffs, in other words, needed to ...

President Donald Trump raged at the Supreme Court majority that struck down the centerpiece of his economic agenda, sweeping tariffs imposed on countries worldwide. Appearing in the White House briefing room, where the lighting was dimmed, Trump called the ruling “deeply disappointing” and said that he was “absolutely ashamed” of the majority of the court for “Not having the courage to do what’s right for our country.” The president also vowed to push forward on his tariffs, citing authority from other tr ...

I interrogates very carefully there about the idea of folks that this is not a big deal. I'm going to go against that. I think it is a huge deal on a legal basis.I'll defer to June Grasso was prodigious chops all the people at Bloomberg opinion. But what I look at frankly more, Joe, is your area, which is the politics of it. And I think there's been a huge historical struggle here with we've done this before and I'm going to go back to 1890 when the Irish protectionist William McKinley in Congress lost his ...

Key Takeaways Bye-bye, tariffs—and buy, buy stocks that were pressured by them. Shares of a range of consumer-oriented companies rose Friday following the Supreme Court's ruling that struck down many of the Trump administration's tariffs. While the path forward for the administration, the import taxes and related policy remains uncertain, in the immediate term investors are bidding some shares higher. Investors got some measure of tariff relief on Friday after the court ruling, with some shares—consumer- fo ...