U.S. Supreme Court to rule on constitutionality of Trump's tariff policy on the 9th
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Summary
- The U.S. Supreme Court said it will rule on the constitutionality of the Trump administration's tariff policy on the 9th.
- It said the ruling is expected to have significant effects on U.S. trade policy and the global trade order.
- Markets are watching whether the ruling will clarify the legal standards for the future operation of U.S. tariff policy and the president's trade authority.
The U.S. Supreme Court is set to rule on the constitutionality of the Donald Trump administration's tariff policy on the 9th (local time).
According to Bloomberg on the 6th (local time), the U.S. Supreme Court plans to make a final decision in a lawsuit over whether the tariff policy implemented during the Trump administration violates the Constitution.
The ruling addresses the scope of the administration's authority to impose tariffs without explicit congressional approval on grounds of national security or trade policy, and is expected to have significant implications for future U.S. trade policy and the global trade order as a whole.
Markets are watching whether the ruling will clarify the future operation of U.S. tariff policy and the legal standards for the president's trade authority.
