00:00It's Benzinga bringing Wall Street to Main Street.
00:02The Supreme Court on Friday struck down a large number of tariffs Trump imposed on imports,
00:07a move economists said will have a limited macro impact as the administration considers other
00:12authorities, according to CNBC. Economists at RSM and Evercore ISI said fallout should be narrow,
00:19while Glenn Mead said fiscal stimulus and easing monetary policy are set to support
00:24above-trend growth in 2026. Core inflation ran at a 3% annual rate in December,
00:30and Fed officials estimate tariffs at about half a percentage point temporarily.
00:34Stocks rose as investors focused on stronger earnings prospects,
00:38while Treasury yields edged higher as markets weighed growth against inflation.
00:43Analysts estimate potential tariff refunds could range from $85 billion to $175 billion,
00:51though the process remains unresolved. Trump signaled he will continue pursuing tariffs
00:55through other legal authorities, though some measures will require congressional approval
01:00and face-time limits. For all things money, visit Benzinga.com.
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