The US Supreme Court has set Friday as the date for its ruling on the tariff issue.

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On January 6, according to US media reports, the US Supreme Court has set this Friday as the date for the release of its ruling, marking the first opportunity for a ruling on President Trump's global tariff policies.

The court's announcement came as the justices returned to their posts after a four-week recess. The court has never disclosed in advance which decisions are ready, only stating that it may issue decisions on cases already heard when the justices begin their hearing at 10:00 a.m. Washington time.

Given the expedited processing the case has undergone so far, the tariff case is highly likely to be decided that day. A ruling against Trump would undermine his signature economic policies and represent his most significant legal setback since returning to the White House.

The core of the dispute lies in the tariffs implemented by Trump on April 2nd, "Liberation Day"—a policy that imposed tariffs of 10% to 50% on most imported goods and, under the pretext of combating fentanyl smuggling, imposed additional tariffs on Canada and Mexico. (Jin Shi Shu)

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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