Trump Tariffs: Supreme Court Verdict Looms, Global Markets Brace for Impact

• US President Donald Trump's tariff policies face a Supreme Court verdict tonight, potentially impacting global trade.
• Experts suggest a 60% chance the court will rule Trump's use of the 'International Emergency Economic Powers Act 1977' illegal.
• Sam Lowe of Flint Global advises countries to remain calm even if Trump loses, to avoid provoking the President.
• If Trump's current legal power is stripped, he may use other laws to impose tariffs, potentially leading to harsher retaliation.
• The EU might adopt a more aggressive stance if tariffs fall, possibly backtracking on previous tax cut promises.

Why It Matters: Global markets and governments await a Supreme Court decision on Trump's tariffs, with potential for further trade instability.