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Story summary
- A secondary market for tariff refunds has emerged after the Supreme Court agreed to hear cases against IEEPA tariffs.
- Investors, including hedge funds, are betting on potential refunds.
- Estimates suggest the market could reach $100 billion.
- Lower courts will determine how refunds are distributed.
- Rep. Jamie Raskin has called for an investigation into Cantor Fitzgerald for alleged insider trading related to tariff refunds.
