Miner Company
Wax On, Wax Off: The Real Winners Of The Tariff Shock
The Supreme Court's IEEPA ruling curtails executive tariff authority, introducing heightened market uncertainty and a shift to Section 122 tariffs capped at 15% for 150 days. Bond markets signal concern over fiscal risks, as potential tariff refunds ($142–$175B) could drive increased Treasury issuance and higher yields, impacting equity valuations.
The Supreme Court's IEEPA ruling curtails executive tariff authority, introducing heightened market uncertainty and a shift to Section 122 tariffs capped at 15% for 150 days. Bond markets signal concern over fiscal risks, as potential tariff refunds ($142–$175B) could drive increased Treasury issuance and higher yields, impacting equity valuations.