Wall Street bets on "the Supreme Court overturning tariffs, forcing the U.S. government to issue refunds," with even the Commerce Secretary's son involved at one point.
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Wall Street investment banks are constructing a special “financial gamble,” betting that the U.S. Supreme Court will ultimately rule some tariffs imposed during the Trump administration illegal, thereby forcing the U.S. government to pay massive rebates to importers.
On October 25, according to media reports citing informed sources,