🚨RUMOR:
🇺🇸 The Supreme Court’s tariffs decision could be delayed until as late as June.
The Supreme Court usually reserves its "blockbuster" cases for the final weeks of the session in June. Legal analysts and market strategists are now adjusting their timelines, as the delay suggests the justices are engaged in deep, potentially contentious deliberations.
• The "Blockbuster" Theory: Analysts from J.P. Morgan and other firms noted that the tariff case is on par with the Affordable Care Act in terms of its impact. Holding the decision until June would follow the historical pattern for cases that fundamentally reshape U.S. law.
• Economic Limbo: The lack of a ruling keeps billions of dollars in "tariff risk" on corporate balance sheets. Retailers like Costco and manufacturers like Stanley Black & Decker are currently in a "wait-and-see" mode, as a strike-down could lead to trillions in refunds.
• Trump’s "Screwed" Warning: President Trump has continued to pile pressure on the Court via Truth Social, stating that if the "National Security bonanza" is struck down, the country is "SCREWED." The delay may be a sign that the Court is carefully weighing the President's claim that these tariffs are essential for national security.
📉 MARKET & GLOBAL IMPACT
• Prediction Markets: On platforms like Polymarket and Kalshi, the odds that the Supreme Court will side with Trump have dropped to roughly 28-32%. Most traders are now betting on a strike-down, which has led to a cautious "sell the news" atmosphere for trade-sensitive stocks.
• India & China: Exporters in New Delhi and Beijing are watching the clock. In India, the Nifty 50 has remained under pressure as investors wait for clarity on the 50% total tariffs currently hitting Indian goods.
📅 WHAT TO WATCH FOR NEXT
While June is the "worst-case" timeline for those seeking a quick resolution, the Court could still release an opinion on any scheduled Monday or Wednesday morning at 10:00 AM ET
