US Supreme Court to Rule on Trump Tariffs Today: $17.55 Trillion at Stake

• US Supreme Court to decide on Trump's tariff policy today, impacting trade, fiscal situation, and global markets.
• Key questions: Government's authority to impose tariffs under IEEPA and potential refunds to importers.
• White House expects a "mishmash" decision, believing tariffs will continue via other avenues even if IEEPA is blocked.
• Analysts note tariffs surprisingly did not increase inflation or worsen the trade deficit, contrary to initial forecasts.
• Possible outcomes include limited authority, partial refunds, or recommendations to adjust the overall tariff structure.

Why It Matters: Crucial US Supreme Court ruling on Trump tariffs today could reshape trade policy and economy.