US Supreme Court to Rule on Trump Tariffs, Presidential Powers Tomorrow

• The US Supreme Court is scheduled to announce important decisions on January 20, with global attention on a case challenging Donald Trump's broad global tariffs.
• The decision on Trump's tariffs, imposed using the International Emergency Economic Powers Act, could significantly impact international trade and the global economy.
• The case also examines the limits of presidential powers and the judiciary's role concerning executive authority, especially relevant given Trump's claims about executive powers.
• Both conservative and liberal justices expressed skepticism during hearings about the administration's use of a 1977 law intended for national emergencies to impose tariffs.
• Trump has warned that a Supreme Court decision to cancel the tariffs would be a major setback for the US, while businesses and 12 US states have challenged them.

Why It Matters: US Supreme Court's upcoming decision on Trump's tariffs could reshape global trade and presidential authority.