NEW YORK -- Wall Street investors are making bets that the U.S. Supreme Court will eventually strike down President Donald Trump's sweeping "reciprocal" tariffs, buying the rights to potential trade-duty refunds from American importers.
Trump tariffs
Wall Street buys Trump tariff refund rights from cash-strapped US importers
Oppenheimer, other financial firms bet on Supreme Court striking down trade war levies
Wall street investors have created financial products that take advantage of a potential U.S. Supreme Court ruling against Trump administration tariffs. © Reuters
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