Trump Tariffs Are on the Block, Axing Them Would Have Unexpected Market Consequences. And 5 Other Things to Know Today.
1. Supreme Court questioning hints tariff policy risk for Trump administration. 2. Effective tariff rate could drop from 18% to 9% if blocked. 3. Trump unlikely to abandon tariffs, leading to ongoing market uncertainty. 4. Tariff regime's potential removal may benefit auto makers and small-cap stocks. 5. Long government shutdown suggests possible legislative deadlock impacting various sectors.