US Supreme Court to Rule on Trump's Global Tariffs on January 20

• The US Supreme Court will issue rulings on January 20 at 10 a.m. ET, including a key decision on Donald Trump's global tariffs.
• The case challenges Trump's use of a 1977 law (International Emergency Economic Powers Act) for national emergencies to justify tariffs, impacting presidential authority and global trade.
• Both conservative and liberal justices expressed skepticism during oral arguments on November 5 regarding the administration's justification for the tariffs.
• Trump's administration is appealing lower court decisions that found he exceeded his authority, with Trump warning a negative ruling would be a "terrible blow" to the US.
• Lawsuits against the tariffs were filed by affected businesses and 12 US states; other pending cases include challenges to the Voting Rights Act and a Colorado conversion therapy ban.

Why It Matters: The US Supreme Court will decide on January 20 the legality of Trump's global tariffs, impacting presidential power.