TRADERS SHOULD HEDGE ‘UNEXPECTED’ TARIFF RULING, JEFFERIES SAYS Jefferies strategists warned investors to hedge ahead of the Supreme Court’s ruling on Trump-era tariffs, as an unexpected “upheld” decision could trigger market volatility. They suggested using put options, volatility-linked instruments, or defensive sectors like food and staples as protection. Markets currently expect the court to strike down the levies, but a surprise ruling could reignite trade tensions, especially amid U.S.-Europe disputes over Greenland.(*Walter Bloomberg)