President Donald Trump has escalated his rhetoric against the US Supreme Court following its ruling to strike down his sweeping tariffs, labeling the justices involved a "disgrace to our nation." Trump accused the court of lacking the courage to act in the country's best interest and explicitly stated his intent to leverage alternative legal frameworks to re-impose fresh duties. This shift toward bypassing the judicial setback through existing laws has heightened political uncertainty across global markets. While the initial removal of tariffs may support multinational stocks and the SPY index, the threat of new executive actions continues to weigh on the USD and trade-sensitive currencies. Investors are now closely monitoring the potential impact of these alternative trade measures on major instruments, including EUR/USD, CNY, and MXN.
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