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US Supreme Court tariff decision LIVE: All eyes are on the US Supreme Court as it prepares to rule on the tariffs imposed by President Donald Trump on America’s trade partners. Friday's ruling will mark the first time US' apex court weighs in on Trump’s sweeping tariff regime.
On 2 April last year, Trump had announced tariffs ranging from 10 to 50%, branding the move “Liberation Day.”
US Supreme Court tariff ruling time
The court does not announce in advance which decisions it will deliver. Media reports, however, note that on opinion days, the US Supreme Court typically releases rulings around 10:00 a.m. Eastern Time (ET), which is 8:30 pm IST.
Tariffs beyond presidential authority?
Trump's tariffs were earlier challenged in courts, and lower federal courts, which have already ruled that many of the tariffs exceeded presidential authority under existing laws.
The courts ruled that the statute used by the Trump administration does not explicitly empower a president to impose broad import duties. This power has traditionally been reserved for Congress under the US Constitution.
Stay tuned to Livemint for the latest updates on US Supreme Court's ruling on Trump tariffs
9 Jan 2026, 06:26:43 PM IST
US Supreme Court tariff decision LIVE: What Trump had said about Court ruling
Trump has claimed tariffs have made the United States stronger financially. In a social media post on January 2, Trump said a Supreme Court ruling against the tariffs would be a "terrible blow" to the United States.
9 Jan 2026, 06:23:34 PM IST
US Supreme Court tariff decision LIVE: Dollar up ahead of ruling
The dollar edged up on Friday as markets awaited a US jobs report and braced for an approaching Supreme Court decision on President Donald Trump's use of emergency tariff powers.
9 Jan 2026, 06:23:34 PM IST
US Supreme Court tariff decision LIVE: How could the ruling affect the Indian stock market?
Experts see a strong possibility of the Court ruling going against Trump, which could have a positive impact on the Indian stock market. They say if the Court gives a verdict that the tariffs are completely illegal, it will be a big hit to Trump, and it will be very favourable to markets like India, which have been severely impacted by Trump's tariffs.
9 Jan 2026, 06:23:34 PM IST
US Supreme Court tariff decision LIVE: What would the court give its verdict on?
The US Supreme Court will now give its verdict on whether Trump can invoke the International Emergency Economic Powers Act (IEEPA) to impose tariffs without Congress's approval.
English (US) ·