Supreme Court Strikes Down Trump Tariffs: Markets React with Gold, Silver, Treasury Yields Up

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CNBC TV18•20-02-2026, 22:14
Supreme Court Strikes Down Trump Tariffs: Markets React with Gold, Silver, Treasury Yields Up
- •US Supreme Court strikes down Trump's tariff regime, ruling he exceeded authority under IEEPA.
- •Decision reinforces Congressional authority over tariffs, delivering a setback to Trump's trade policy.
- •Global equity markets rallied, and the US dollar weakened slightly as trade policy uncertainty reduced.
- •Gold and silver gained on safe-haven demand amid fiscal and legal uncertainties from dismantling tariffs.
- •US Treasury yields climbed due to investor concerns over potential fiscal deficit widening from lost tariff revenue.
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