Trump's Tariff Battle: Supreme Court Decision Looms, Legal Experts Predict Loss

• The US Supreme Court is set to rule on Donald Trump's controversial tariffs, imposed under the 1977 International Emergency Economic Powers Act (IEEPA).
• Trump views this as a 'do-or-die' battle, warning of financial chaos if the court rules against him, potentially requiring refunds of over $130 billion.
• Legal experts and trade analysts widely anticipate a decision against Trump, as lower courts have already indicated the IEEPA does not permit such broad tariffs.
• Trump's hopes rest on Justices Samuel Alito, Clarence Thomas, and Neil Gorsuch, who have previously shown tendencies to support executive power or literal interpretation.
• Chief Justice John Roberts and Justices Brett Kavanaugh, Amy Coney Barrett, and the liberal camp are expected to question Trump's overreach, emphasizing Congress's role in tariffs.

Why It Matters: The Supreme Court is likely to rule against Trump's tariffs, potentially reshaping global trade and US financial stability.