Supreme Court tariff ruling delayed: The US Supreme Court did not issue a ruling on legal challenges to US president Donald Trump’s tariffs on Wednesday, delaying a decision on the fate of his signature economic policy until at least next week, as per a report.
Supreme Court Tariff Ruling Delayed as Justices Hold Back Decision
While the court issued three decisions during the day but did not address the closely watched dispute over the legality of Trump’s global tariffs.
Will SCOTUS Tariff Ruling Come Next Week
The justices have not said when the next rulings will be announced, though additional decisions could come Tuesday or Wednesday, when the court is in session again, as per a Bloomberg report.
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Tariff News: Markets React as Supreme Court Tariffs Decision Waits
The lack of a ruling weighed on markets. Shares of consumer companies, including Lululemon Athletica Inc and Mattel Inc fell, while power-tool maker Stanley Black & Decker Inc also gave up earlier gains.
Tariffs Supreme Court Case Puts Trump’s Signature Trade Policy in Focus
The US Supreme Court case is about Trump’s April 2 “Liberation Day” tariffs, which imposed levies of 10% to 50% on most imports, along with additional duties on goods from Canada, Mexico and China aimed at addressing fentanyl trafficking. Trump relied on a 1977 law that grants presidents special powers during national emergencies to justify the measures.
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Tariff Supreme Court Ruling Weighs Presidential Emergency Powers
During arguments on November 5, both conservative and liberal justices appeared skeptical that the law authorised such sweeping tariffs, as per a Reuters report. The Trump administration is appealing lower-court rulings that found the president exceeded his authority.
Supreme Court Tariffs Case Raises Stakes for Global Economy
A ruling against Trump would represent his most significant legal setback since returning to the White House in January 2025. Such a decision could also open the door to more than $130 billion in potential refunds and would carry major implications for presidential power and the global economy, as per a Bloomberg report.
FAQs
Did the Supreme Court rule on Trump’s tariffs?
No, the court did not issue a decision on Wednesday.
When could the Supreme Court issue a tariff ruling?
A decision could come next week when the justices are back in session.