Global Economic Focus: SBF Controversy and Tariff Battles Decoded

Global Economic Developments

Several key events have emerged in recent global economic news.

• The US may be required to refund up to $175 billion in tariffs.
• Traders now expect the Federal Reserve to delay rate cuts until July.
• The US Supreme Court rejected Trump's global tariff proposal.
• Trump indicated alternative plans for tariffs, suggesting potential for further increases.

SBF Faces Ongoing Allegations

SBF recently published a lengthy article denying multiple allegations concerning himself and FTX, sparking widespread discussion.

Trump also emphasized that the Supreme Court ruling did not completely eliminate tariffs, and signaled plans to impose an additional 10% global tariff on top of existing rates, which could impact market expectations.