Trump's Tariff Powers Face Supreme Court Challenge, Treasury Prepares Contingency Plans
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Tariff Authority Controversy: Trump's emergency tariff powers are under scrutiny as the Supreme Court is expected to rule next Wednesday, potentially impacting future tariff policies and importer refunds.
- Fiscal Revenue Impact: Tariff revenues reached $195 billion in fiscal 2025, with an additional $62 billion in 2026, and a court ruling against tariffs could exacerbate the budget deficit, affecting national fiscal health.
- Contingency Plan Preparation: Treasury Secretary Bessent stated that despite legal challenges, the government has prepared at least three alternative routes to maintain tariff revenues, ensuring national security and negotiating leverage.
- Market Reaction Expectations: Analysts believe the court's ruling may retain some tariffs while limiting their use, although current market sentiment is pessimistic regarding Trump's chances, with only a 31% likelihood of supporting the administration.
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.
