"However, with tariffs now in the appeal process and likely heading to the Supreme Court, uncertainty is back. It's long been suggested that the emergency powers Trump has used to implement tariffs were unconstitutional and that the power to enact tariffs sits with Congress." "However, should the markets get their way, the courts could delay and then deny these tariffs, removing one massive risk and undoubtedly stoking risk appetite." Basically Trump's tariffs will lead to stagflation pressure on the US economy, so reversing those tariffs would be a positive for the dollar." CHARU CHANANA, CHIEF INVESTMENT STRATEGIST, SAXO, SINGAPORE"The ruling removes an immediate overhang, even if it is not the final word on tariffs.
