And Goldman Sachs, in a note to its clients, said the administration could replace the 10% tariffs with a "similar tariff of up to 15%" under a different U.S. statute.
Court rulings inject more uncertainty in global trade as they disrupt Trump's tariff strategy
→
Goldman Sachs analysts said that despite the increased uncertainty sparked by the ruling, “It might not change the final outcome for most major U.S. trading partners.” The investment bank's analysts wrote that the administration could replace the 10% tariffs with a “similar tariff of up to 15%” under a different U.S. statute.
Stocks mixed after court ruling against Trump tariffs
→