Reported about 14 hours ago
Wall Street banks are facilitating trades focused on potential refunds for tariffs if the Supreme Court rules against former President Trump's tariff policies. Investors can purchase rights to claim refunds from companies that paid these tariffs, often at a discount, betting on a favorable court outcome. With a Supreme Court hearing set for November 5, the financial stakes are high, as a ruling could result in the government having to return a significant amount of revenue generated from these tariffs.
Source: YAHOO