Possible scenario
Senate Drives Repeal
+0.2%
With Democrats taking Senate control, Ron Wyden uses the Finance Committee to advance legislation and oversight designed to terminate the 2025 tariff program. This is the most direct path for Congress to reinforce the courts’ rulings that the Trump tariffs exceeded legal authority.
What it moves
- Non-Energy Materials−1.0%
- Consumer Cyclicals+0.9%
- Industrials+0.6%
- Market volatility
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