Supreme Court Doesn’t Rule on Tariffs, Delaying Decision By at Least a Week

The US Supreme Court didn’t rule on challenges to President Donald Trump’s tariffs Wednesday, leaving the world to wait until at least next week to learn the fate of his signature economic policy. The court hasn’t said when it will issue its next opinions but could schedule more decisions on Tuesday or Wednesday, when the justices again are in session. Matt Hornbach, Global Head of Macro Strategy at Morgan Stanley, joins Bloomberg Businessweek Daily to discuss. Hornbach and his team recently published a note about potential tariff ruling scenarios, including what the US Treasury’s financing needs could be in the case of refunds. Hornbach speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)