Overview of Major Overnight Developments on February 21
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21:00 (UTC+8) - 7:00 Keywords: SBF, tariffs, Supreme Court 1. The United States may need to refund $175 billion in tariffs; 2. Traders now believe the Federal Reserve will wait until July to cut interest rates; 3. The U.S. Supreme Court rejected Trump's global tariff policy; 4. Trump: Alternative tariff plans are already in place following the ruling; 5. SBF published a lengthy article denying multiple allegations surrounding himself and FTX; 6. Trump: Will adopt other alternative tariff plans, and perhaps we can collect more funds; 7. Trump: The Supreme Court did not overturn the tariffs, and a 10% global tariff will be imposed on top of the existing tariffs.
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