- The Supreme Court did not rule on the legality of President Donald Trump’s tariffs.
- Markets are awaiting the decision, which could have far-reaching impacts on trade policy and the U.S. fiscal situation.
- The court has the option to grant limited powers under the IEEPA and require only limited repayment of tariffs, along with multiple other options.
- Treasury Secretary Scott Bessen says he expects a “mishmash” ruling.
On Friday, January 9, we will be live blogging as the court potentially releases opinions in one or more argued cases from the current term.
https://www.scotusblog.com/2026/01/announcement-of-opinions-for-friday-january-9/