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7 Things

7T | Pro

The $200 Billion Boomerang

The news, distilled

Adrian Monck's avatar
Adrian Monck
Feb 22, 2026
∙ Paid
WTI $66 · DXY 98 · VIX 19 · GPR 164↑

The Supreme Court killed Trump’s tariff authority on Friday – and by Saturday he had replaced it with a 15% global levy under a statute never before invoked, proving that the constitutional constraint is procedural, not substantive, while DXY at 97.79 prices in the fiscal hole that $200 billion in refund liabilities a…

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