The mastermind of Fundstrat, Tom Lee, a man who knows numbers as much as the heart knows regret, says the trade war led by President Trump is approaching its grand finale. The White House? Losing in court. Leverage? Slipping through their fingers faster than a summer breeze. Yes, indeed.
In his latest *must-see* update on the Fundstrat Capital YouTube channel (because who doesn’t love a good investment drama?), Lee details how Trump’s tariffs are finding themselves in the hands of the courts, and those hands are not particularly friendly. The White House, my friends, has encountered a couple of stumbling blocks, the least of which involves a court ruling that paints the tariffs as… illegal. Ouch.
“In our view, the tariff war and concerns have a bark worse than the bite,” Lee quips, trying to make sense of this corporate circus. And then, like the plot twist we all saw coming, on May 28th, the international trade court dealt a blow to Trump’s tariffs. It wasn’t a total loss for the White House, mind you, but the ruling did send a clear message: things aren’t going as planned. Then, just to keep us on our toes, on May 29th, the DC District Court Judge Contreras called the tariffs “illegal.” Not exactly a ringing endorsement of the Trump administration’s strategy, eh?
“Two court rulings, two strikes against the tariffs, but in true Washington fashion, the Federal Court of Appeals swoops in with an administrative stay. The tariffs are back, but only until June 9th,” Lee adds, shaking his head as if this were a soap opera. Ah, the drama! And yet, the White House insists: nothing’s changed. Sure, sure. Nothing to see here, folks.
Goldman Sachs, ever the voice of reason, points out that the White House can always resurrect those tariffs like a bad sequel, but Lee is certain of one thing: they’re losing control. The endgame is fast approaching. And if you think that’s the end of the story, you’re wrong.
According to Lee, this mishmash of rulings and tariffs will force Trump to reconsider the war entirely. It’s like a chess match where someone suddenly realizes they’ve lost the queen and the rooks. The White House? Definitely looking for an exit strategy now. Not exactly the heroic “art of the deal” story Trump promised, is it?
Lee continues with a bit of light at the end of the tunnel: despite the chaos of tariffs, things are looking *slightly* brighter for stocks. That’s right. Compared to February 2025, the investment outlook is now “better” — as if that wasn’t the greatest news of the day. We have tariff visibility, tax clarity, and deregulation on the horizon. And to top it off, companies have survived what can only be described as “The Fifth Major Stress Test.” Who knew the markets were so resilient?
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2025-06-02 10:23