Trump retaliates with new tariffs after SCOTUS ruling

• US President Donald Trump imposed a new 15% global tariff after the Supreme Court struck down his earlier reciprocal levies.
• European officials expect the US to honor trade agreements, with some suggesting potential retaliatory measures if commitments are not met.
• The Supreme Court's decision, which was not split on ideological lines, is seen as a significant check on presidential power.
• Concerns were raised about a potential liquidity crunch in private markets following Blue Owl Capital's asset sales.
• European markets, particularly luxury and export-oriented sectors like the CAC 40, showed resilience and even record highs despite the trade tensions, while US futures were under pressure.

The video discusses the implications of former US President Donald Trump's new 15% global tariff following a Supreme Court ruling against his previous reciprocal levies. European officials are urging the US to honor existing trade pacts, while some French ministers suggest potential retaliation. The market reaction is mixed, with concerns about global trade uncertainty and liquidity in private markets.