US Supreme Court expected to rule on tariffs on Friday

"Both conservative and liberal justices voiced concerns about the legality of the tariffs during oral arguments in November. The United States Supreme Court is expected to rule on a case about the legality of President Donald Trump's tariffs. The high court on Tuesday added a non-argument/conference date on its website, indicating that it could release its ruling, although the court does not announce ahead of time which rulings it intends to issue. list of 4 itemsend of list"

"The challenge to Trump's tariffs has been one of the most closely watched cases on the court's docket amid the broader impact on the global economy. In a social media post on Friday, Trump said such a ruling would be a terrible blow to the US. Because of Tariffs, our Country is financially, AND FROM A NATIONAL SECURITY STANDPOINT, FAR STRONGER AND MORE RESPECTED THAN EVER BEFORE, Trump said in another post on Monday."

"Trump invoked the International Emergency Economic Powers Act (IEEPA) in February 2025 on goods imported from individual countries to address, what he called, a national emergency related to US trade deficits. Arguments challenging the legality of the decision began in November. At the time, the court's liberal and some conservative justices had doubts about the legality of using the 1977 act. Justice Neil Gorsuch, whom Trump appointed during his first term, was among those sceptical. Congress, as a practical matter, can't get this power back"

Both conservative and liberal justices raised doubts about the legality of the tariffs during November oral arguments. The Supreme Court added a non-argument conference date, signaling a possible imminent ruling. President Trump invoked the International Emergency Economic Powers Act in February 2025 to impose tariffs on goods from individual countries, citing a national emergency related to trade deficits. Trump asserted that tariffs strengthened the country financially and from a national security standpoint. Economic data are mixed: GDP grew 4.3 percent in third quarter 2025, while job growth slowed and sectors with higher import exposure saw weaker employment gains. Justice Neil Gorsuch expressed skepticism about using the 1977 act.

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