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US President Donald Trump: We're going to tariff even harder

Following the US Supreme Court’s decision to declare US President Donald Trump’s “national security” tariffs unlawful, President Trump gave a press conference to deliver his reaction to the Supreme Court’s decision.

🔗 Source

💡 DMK Insight

Trump’s tariffs being deemed unlawful could shake up market sentiment, especially in sectors reliant on imports. Traders should keep an eye on how this decision affects commodity prices and the broader stock market, particularly industries like steel and aluminum that were directly impacted by these tariffs. The ruling could lead to increased competition and lower prices, which might benefit consumers but squeeze margins for domestic producers. Watch for volatility in related stocks and commodities as market participants react to this news. On the flip side, while this ruling may seem like a win for free trade advocates, it could also provoke a backlash from those who supported the tariffs, leading to potential political ramifications. Keep an eye on upcoming economic indicators and trade policy discussions, as these could further influence market dynamics in the coming weeks.

📮 Takeaway

Monitor commodity prices and related stocks for volatility as the market digests the implications of the Supreme Court’s ruling on tariffs.

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