Brian Stewart
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So there's a lot to still be sort of figured out.
There's been some chatter sort of after the ruling.
Does this mean refunds are coming or is the government going to send money back to the companies who paid these tariffs if the tariffs have been in place for a year now are now illegal?
What is that going to look like?
What process is that going to take?
Another situation is the Supreme Court ruling was sort of narrowly related to this particular law, saying that the law itself didn't justify the tariffs.
And I believe this was in the dissent from Kavanaugh.
He he noted that the administration might just move to a different justification for the tariffs.
So I'm sure lawyers at the White House are are huddled together right now just kind of discussing whether or not there's another way to implement these tariffs under a different.
rubric that would be considered constitutional by the Supreme Court.
So it kind of remains to be seen.
There was an initial tick up on the market with the idea that, okay, we've sort of passed the tariff situations.
Now the Supreme Court killed it.
I don't know how true that is.
It's going to kind of depend on how married to the idea of tariffs the Trump administration is, how much they're going to push it even in the face of
current ruling.
So yeah, so remains to be seen.
And next week, there's a State of the Union address.
I'm sure Trump will talk about the tariff situation.
It's just kind of a reminder that these external factors can still jump in and affect the market.