🚨 78% CHANCE TRUMP’S TARIFFS ARE ILLEGAL!!!
Friday is judgment day for the tariffs.
I’ve seen hundreds of posts about this, but nobody is explaining it correctly…
The U.S. may have to refund HUNDREDS OF BILLIONS OF DOLLARS.
It matters for the markets… A LOT.
Here’s why:
Several Trump tariffs were imposed using emergency powers that are now being challenged in court.
If the court rules those tariffs were unlawful, the government doesn’t just stop them and move on.
They may have to PAY THE MONEY BACK.
Estimates range anywhere from $200B to over $400B in refunds to companies that paid those tariffs.
You already know it, but that’s not small money.
The Treasury would suddenly need to cover a massive, unplanned cash outflow.
That means more borrowing, more issuance, or more pressure on an already ugly fiscal picture.
Bond markets care about this. A lot.
Equities hate uncertainty around taxes, trade rules, and government cash flows.
A ruling like this isn’t bullish at all…
IT WOULD BE CHAOTIC.
And crypto?
Volatility will explode and leverage will get liquidated, but we’ve seen this movie before.
That doesn’t mean you should panic now, but you should at least be aware.
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