The chief investment officer of investment firm Fundstrat says that President Donald Trump’s trade war is nearing its end as courts rule against the White House.
In a new video update on the Fundstrat Capital YouTube channel, Tom Lee says that court rulings against Trump’s tariffs suggest that the White House is losing leverage.
“In our view, the tariff war and concerns have a bark worse than the bite. Let me explain, for instance… on May 28th, the international trade court ruled against the Trump tariffs. Now it didn’t remove all of them, but it ruled against them and on Thursday, May 29th, the DC District Court Judge Contreras ruled that [the] tariffs are illegal.
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So it’s two cases ruling against White House tariffs,
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