Wall Street’s Bet Against the Trump Tariffs NYT | Top Stories By: Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly and Ian Mount 4 September 2025 at 20:11 Investors are offering to buy importers’ rights to any refunds of the administration’s levies. It’s a longshot wager that courts will overturn the tariffs. © Brendan Smialowski/Agence France-Presse — Getty ImagesCould the courts overturn some of President Trump’s tariffs? Some Wall Street firms are betting on that.