From Quiver Quantitative: 2025-05-29 23:02:00

Goldman Sachs and Morgan Stanley warn that the recent trade court decision blocking President Trump’s emergency tariffs may only delay the reimposition of duties, as the administration still has other authorities to levy import taxes. The ruling stopped 6.7 percentage points of emergency tariffs, but Sections 232, 301, and 122 statutes could still be used. The White House is not acting immediately but retains the power to do so. This decision offers temporary relief to sectors affected by tariffs but uncertainty remains. The administration may appeal and consider alternative tariff measures to maintain leverage in negotiations. Markets are cautious due to ongoing trade-policy volatility.



Read more at Quiver Quantitative: Trade Court Setback Won’t End Trump’s Tariff Strategy, Banks Say