Nomura Ko Chao-ming: "The 'Iran War' happened a few days after Trump lost the 'Supreme Court tariff battle.' This is not a coincidence."
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Over the past few weeks, the market focus quickly shifted from US tariffs to the Middle East oil price crisis.
Nomura ties the two issues together: The US Supreme Court ruled "reciprocal tariffs" illegal, abruptly invalidating Trump’s core policy from his first year; days later, the outbreak