Supreme Court to Rule on Constitutionality of Trump Tariff Policies on January 9
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Ruling Timeline: The U.S. Supreme Court is set to deliver a pivotal ruling on January 9, 2025, regarding the constitutionality of tariff policies from the Trump administration, which could significantly impact future presidential trade powers and international trade law, thereby reshaping the global economic landscape.
- Core Legal Challenge: The case questions whether the Trump administration had the unilateral authority to impose tariffs under Section 232 of the Trade Expansion Act, with a ruling in favor potentially solidifying executive trade powers, while a ruling against could reaffirm Congressional oversight in trade matters.
- Economic Impact Analysis: If the Supreme Court upholds the tariffs, it would provide a robust legal foundation for future industrial policy, whereas a ruling against them might trigger claims for tariff rebates and reshape ongoing trade negotiations, affecting various sectors.
- Global Repercussions Anticipated: This ruling will not only impact U.S. manufacturing, agriculture, and consumers but could also embolden similar unilateral measures internationally, potentially destabilizing established global trade rules.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
