Schwab Network

SCOTUS Strikes Down Trump's Tariffs, Volatility Hits Markets


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The U.S. Supreme Court struck down the Trump administration's tariffs, adding more uncertainty to the state of global trade. Kevin Hincks was surprised to see an immediate rally following the announcement. He argues there's more question marks than before, especially around what the U.S. will do with the tariff revenue it already collected from other countries. Kevin later turns to the latest economic data in new home sales and consumer sentiment.


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