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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“The actual numbers that we would have to pay back if, for any reason, the Supreme Court were to rule against the United States of America on Tariffs, would be many Hundreds of Billions of Dollars, and that doesn’t include the amount of “payback” that Countries and Companies would require for the Investments they are making on building Plants, Factories, and Equipment, for the purpose of being able to avoid the payment of Tariffs. When these Investments are added, we are talking about Trillions of Dollars! It would be a complete mess, and almost impossible for our Country to pay. Anybody who says that it can be quickly and easily done would be making a false, inaccurate, or totally misunderstood answer to this very large and complex question. It may not be possible but, if it were, it would be Dollars that would be so large that it would take many years to figure out what number we are talking about and even, who, when, and where, to pay. Remember, when America shines brightly, the World shines brightly. In other words, if the Supreme Court rules against the United States of America on this National Security bonanza, WE’RE SCREWED!
PRESIDENT DONALD J. TRUMP”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Trump’s warning that a negative Supreme Court ruling on tariffs could trigger “hundreds of billions” to “trillions” in paybacks may increase market volatility and risk-off sentiment, pressuring trade-sensitive and globally exposed stocks. Apple (AAPL), Boeing (BA), and Caterpillar (CAT) could be hit by concerns over higher trade uncertainty, potential retaliatory measures, and delayed global investment, while sector funds like XLI and XLY may weaken on fears of slower industrial activity and consumer demand. The SPDR S&P Metals & Mining ETF (XME) could be particularly vulnerable due to its sensitivity to global trade flows, commodity demand, and capital-intensive projects that might be reconsidered amid tariff and policy uncertainty.
Here are some of the stocks that might be affected:
Apple Inc ((AAPL)),
Boeing Company ((BA)),
Caterpillar ((CAT)),
Industrial Select Sector SPDR Fund ((XLI)),
Consumer Discretionary Select Sector SPDR Fund ((XLY)),
SPDR S&P Metals & Mining ETF ((XME)).