The Trump administration should have prepared a tariff plan early on; if the Supreme Court rules it illegal, it is highly likely that other legal authorizations under Section 301 and Section 122 of the Trade Act will be activated to restore tariffs.

This plan is feasible, but its overall "lethality" is limited; it is not as direct as IEEPA, which is one of the reasons it may cause fluctuations in the short term, but from a long-term perspective, tariff levels will still decrease.

Moreover, it is very difficult to use tariffs as a "conventional weapon", such as last time with Greenland and the tariff coercion against Canada, etc., and Powell has also stated that without Trump's tariffs, inflation in the United States would have decreased long ago, allowing a real entry into the interest rate reduction path.

@bitget VIP, lower rates, more aggressive benefits

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