Peter Tchir, head of macro strategy at Academy Securities, warns markets should brace for new tariffs in the 10% to 15% range. His comments come as the Supreme Court struck down former President Trump's global tariff policies, creating uncertainty for international trade and market expectations. Tchir believes the tariff story remains far from concluded.

The Supreme Court's decision to invalidate Trump's global tariffs has left a regulatory vacuum that markets now navigate. Tchir suggests this could open the door for reimposed tariffs at lower rates, potentially disrupting supply chains and corporate profit margins. The macro strategist sees ongoing volatility in trade-sensitive sectors as companies adjust to this evolving policy landscape.

Investors should monitor trade policy developments closely, as Tchir's forecast suggests tariffs will remain a market-moving factor. The 10% to 15% range represents a significant reduction from previous levels but still carries substantial implications for cross-border commerce. Companies with international exposure face continued uncertainty until clearer trade policy direction emerges.