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BenzingaBenzinga··Piero Cingari

Supreme Court Tariff Decision Shifts Market Dynamics: Small Caps Slip as EM Stocks Surge

Supreme Court limits presidential tariff powers, sparking market shift: small-cap stocks fall while emerging markets surge on prospects of reduced trade barriers.
EEMRNGemerging marketsSupreme Court
BenzingaBenzinga··Piero Cingari

Supreme Court Strikes Down Presidential Tariff Authority in 6-3 Decision

Supreme Court ruled 6-3 that President Trump lacked authority to impose tariffs without congressional approval, sparking market rally as trade barriers are invalidated.
MHAAOIGRALRNGCPRT+4Trump tariffsSupreme Court