UPDATE: The U.S. Supreme Court did NOT issue a ruling today on President Trump’s tariff challenge.
The case over the legality of Trump’s sweeping global tariffs — touted as one of the biggest tests of executive trade power — remains pending with no decision released from the bench today.
🔎 What’s happening right now:
The Supreme Court had been expected to release opinions, but the tariff case specifically wasn’t decided today.
The delay means markets stay in uncertainty, as businesses and states continue to challenge the scope of presidential tariff authority.
Analysts are watching closely — this ruling could reshape U.S. trade policy and executive authority, and its timing is still undecided.
⏳ Market takeaway:
No ruling = continued ambiguity on a major macro/legal front. Risk assets, FX, and global trade sentiment may continue to price this unresolved risk until the decision actually drops.
