Supreme Court Could Rule on Trump Tariffs Friday

Summary

Bloomberg News Supreme Court reporter Greg Stohr discusses the possibility that the Supreme Court could rule on President Trump's tariff authority on Friday. He cautions that a decision day does not guarantee a tariff ruling and notes the court has other October cases pending. Stohr says the November tariff arguments suggested more skepticism than support for Trump, and the court could strike down or limit reciprocal and fentanyl-related tariffs, possibly with a split decision. He expects a ruling before the court's term ends around late June.

• Supreme Court could issue a tariff-authority decision as soon as Friday, but it is not guaranteed.
• The court expedited the tariff case, signaling it wants a prompt ruling.
• Several October cases remain undecided; opinion days are expected over the next few weeks.
• The court will also hear the case involving Trump's effort to fire Fed Governor Lisa Cook.
• November tariff arguments showed more skepticism than support for Trump's tariff authority.
• The court could strike down reciprocal and fentanyl-related tariffs, or issue a split decision.
• Stohr expects the tariff decision before the term ends around the end of June.