Tariff Retaliation Returns

The administration may use the record deficit as justification for a renewed but legally narrower tariff push. Because the original Liberation Day duties were ruled illegal, officials are more likely to rely on Section 301, Section 232, or product-specific investigations than a sweeping repeat of the struck-down regime.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.