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The Business Cycle Narrative And War With Iran

Source: SeekingAlpha

2026-02-22 06:56:00 ET

Market Brief War With Iran

On Friday, the Supreme Court struck down Trump’s signature tariffs. The ruling affects tariffs levied under the International Emergency Economic Powers Act (IEEPA) which includes the so-called reciprocal tariffs at various levels against nations all around the world to address trade imbalances, as well as ones on China, Mexico, and Canada ostensibly over flows of fentanyl into the U.S. It doesn’t impact tariffs on products including automobiles, steel, aluminum, and copper under a separate authority known as Section 232....

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The Business Cycle Narrative And War With Iran
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