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Stock impact report

The Stocks to Watch When Supreme Court Rules on Trump's Tariffs [Yahoo! Finance Canada]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Most Read from Bloomberg If the nation's top court says Trump exceeded his authority with the blanket tariffs on countries around the globe, there will still be significant uncertainty. The White House could use other laws to reimpose some new levies, for example. Bond traders could push up yields over worries about the deficit, and that concern could spread into the equity market. However, companies eager for a relief will likely to have to wait until at least January. With the Supreme Court beginning a four-week holiday recess, the window has all but closed for a ruling this year on challenges to Trump's sweeping import taxes. But when a decision does come, market participants say the initial reaction, at least, would likely be positive for stocks should the court strike down the tariffs. A ruling upholding the tariffs would likely have the opposite effect. There are a few reasons why. Striking down the tariffs would eliminate a tax that many businesses haven't completely p Show less Read more
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