Macro EconomyHigh ImpactUpdated•Originally published 23 February 2026•Updated 23 February 2026•
1 min read

Investors Develop New Trading Strategies Following SCOTUS Tariff Ruling and 15% Levy

Key Facts

1The US Supreme Court ruled 6–3 to strike down President Trump’s use of emergency powers to impose sweeping tariffs.
2In response, Trump imposed a 10% global tariff under Section 122 of the 1974 Trade Act, later raising it to 15%.
3The ruling removed the executive 'on-off switch' for trade policy, forcing a restructuring of the administration's approach.

Following the US Supreme Court's ruling to limit President Trump’s emergency tariff powers, the administration has pivoted to a 15% global levy under Section 122 of the Trade Act. As markets absorb this structural shift, investment experts have begun formulating specific trading strategies to navigate the resulting volatility. Professional debate is now intensifying around active positioning in major instruments such as EUR/USD and the SPY ETF to mitigate risks. Analysts are focusing on hedging against anticipated inflationary pressures and supply chain disruptions that the new tariff regime may trigger. This transition marks a shift from analyzing legal implications to implementing tactical market responses. Investors remain highly attentive to how these strategies will impact safe-haven assets like XAU/USD in the evolving trade landscape.