Trump's Tariff Power at Stake: Supreme Court Ruling to Impact Global Economy

• US Supreme Court to rule on the legality of tariffs imposed by Donald Trump under the IEEPA.
• The decision, expected today, January 9, 2026, will determine the President's authority to impose emergency tariffs.
• A ruling against Trump could lead to $100-150 billion in refunds to companies and limit future presidential powers.
• If the court rules in Trump's favor, his 'America First' trade policy will be validated, strengthening aggressive tariff strategies.
• Global economies and stock markets, including Asian and Indian markets, are closely watching the verdict due to its significant implications for international trade.

Why It Matters: A landmark Supreme Court decision on Trump's tariffs will redefine presidential economic powers and global trade.