Legal basis for new tariffs

In today’s Macro Minute, Darius breaks down whether escalating trade rhetoric could push the U.S. back toward bearish Paradigm B. While headline risk around tariffs and political volatility has picked up, 42 Macro continues to view Paradigm C—the grow phase—as the highest probability outcome. Respect short-term volatility, but stay disciplined and systematic in a structurally pro-growth regime.