What the Supreme Court's ruling on Trump tariffs could look like
The US Supreme Court (SCOTUS) is reconvening on Friday, with justices possibly issuing a ruling on President Trump's tariff policies as early as this week. SCOTUS officials will be assessing whether the administration's trade tariffs, especially last year's broad Liberation Day policies, fall under the International Emergency Economic Powers Act (IEEPA). Yahoo Finance Washington Correspondent Ben Werschkul outlines the scenarios that could unfold depending on the SCOTUS ruling, going on to break down the latest US trade balance data. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts. For more predictions market insight, check out the new Yahoo Finance Polymarket Hub.