When markets thought it was safe to relax, Trump’s trade war took another twist—this time, in court. Stocks briefly celebrated a federal judge’s surprise decision to block Trump’s tariffs. But before you pop the champagne, consider this: Wall Street experts say Trump’s trade fight isn’t over yet.
Sure, stocks jumped initially, but weak GDP numbers quickly dampened the party mood. Goldman Sachs and Jefferies believe the White House still has a few legal tricks up its sleeve, such as reintroducing tariffs under different laws. Investors are nervously awaiting Trump’s next move after an immediate appeal was filed. The verdict? Expect more drama ahead.
