Wall Street in-depth analysis of "Trump’s IEEPA tariffs rejected": Tariffs may be reduced in the second half of the year, tax rebates could become comprehensive stimulus, potential industry benefits
After the U.S. Supreme Court overturned tariffs imposed by Trump under the emergency economic powers law, major Wall Street investment banks believe the ruling’s actual impact on the economy and markets is limited. However, it creates space for softer tariff policy in the second half of the year
