Legal Clouds Stay As US Supreme Court Defers Crucial Verdict On Trump Tariffs
The US Supreme Court didn’t rule on challenges to President Donald Trump’s tariffs on Friday.
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US Supreme Court Tariff Decision LIVE: Trump Pins Hope On Conservative Majority
The US Supreme Court has ruled in Donald Trump's favor in a series of cases in which it acted on an emergency basis since he returned to office in January 2025.
The apex court has a 6-3 conservative majority, which includes three justices appointed by Trump in his first term.
The US president has won on a range of issues in these emergency rulings like immigration, firing certain agency officials, cutting foreign aid, banning transgender people from the military, dismantling the Education Department and more.
In a notable contrast, the court last month refused to let Trump send National Guard troops to the Chicago area as part of his expanded use of the military for domestic purposes.
US Supreme Court Tariff Decision LIVE: Wall Street Trades Higher
The S&P 500 was up 0.3% and above 6,940 points at 8:45 p.m. India time, while the Nasdaq 100 inched up 0.4%. The Dow Jones Industrial Average gained 0.1%.
US Supreme Court Tariff Decision LIVE: No Ruling Today
The US Supreme Court didn’t rule on challenges to President Donald Trump’s tariffs on Friday, as the justices issued the first full-scale opinion of their term. The court could issue more opinions in the next two weeks as the justices have to return from their holiday recess, as per Bloomberg News.
US Supreme Court Tariff Decision LIVE: Backup Plan Ready
Kevin Hassett said that the Trump administration has a backup plan in place for tariffs, emphasizing that alternative tools could be deployed almost immediately if needed. Speaking on Fox Business, the former National Economic Council official noted that the administration is prepared to act quickly and has multiple options available should tariff-related challenges arise.
