Close Menu
  • Home
  • United States
  • World
  • Politics
  • Business
  • Lifestyle
  • Entertainment
  • Health
  • Science
  • Tech
  • Sports
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release

Subscribe to Updates

Get the latest USA news and updates directly to your inbox.

What's On
Jalen Brunson faces Martha Stewart after Knicks star broke her toe in playoff snafu

Jalen Brunson faces Martha Stewart after Knicks star broke her toe in playoff snafu

March 31, 2026
Exclusive | Doctors dismissed my agonizing symptoms for years — my misunderstood condition affects 190M people

Exclusive | Doctors dismissed my agonizing symptoms for years — my misunderstood condition affects 190M people

March 31, 2026
McDonald’s customers fed up with surprise charge for online orders: ‘It’s a rip off’

McDonald’s customers fed up with surprise charge for online orders: ‘It’s a rip off’

March 31, 2026
Facebook X (Twitter) Instagram
Trending
  • Jalen Brunson faces Martha Stewart after Knicks star broke her toe in playoff snafu
  • Exclusive | Doctors dismissed my agonizing symptoms for years — my misunderstood condition affects 190M people
  • McDonald’s customers fed up with surprise charge for online orders: ‘It’s a rip off’
  • Supreme Court sides with Christian counselor, strikes down part of Colorado ban on conversion therapy
  • Supreme Court rules Colorado conversion therapy ban restricts speech
  • Dakota Johnson Says She Was Branded ‘Cocky’ for Shaking Hands at an Audition, Didn’t Get the Part
  • Arrest report reveals what Tiger Woods had in his pocket during Florida DUI bust after flipping SUV
  • US has struck more than 11,000 targets in 30 days of Iran war
  • Privacy
  • Terms
  • Advertise
  • Contact Us
Join Us
USA TimesUSA Times
Newsletter Login
  • Home
  • United States
  • World
  • Politics
  • Business
  • Lifestyle
  • Entertainment
  • Health
  • Science
  • Tech
  • Sports
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release
USA TimesUSA Times
Home » With no ruling today on Trump tariffs, Supreme Court won’t issue key decision until at least next month
With no ruling today on Trump tariffs, Supreme Court won’t issue key decision until at least next month
Business

With no ruling today on Trump tariffs, Supreme Court won’t issue key decision until at least next month

News RoomBy News RoomJanuary 21, 20262 ViewsNo Comments

The Supreme Court’s lack of a ruling on the legality of President Trump’s sweeping tariff regime on Tuesday means the case won’t get resolved until at least next month.

The closely watched case on whether it’s constitutional for Trump to issue painful tariffs under the 1977 International Emergency Economic Powers Act remained at a standstill on Tuesday.

With the justices now heading into a four-week recess, the earliest possible date for a ruling is Feb. 20.

The case was fast-tracked after oral arguments on Nov. 5.

Lower courts previously ruled that Trump exceeded his authority by using emergency powers to impose broad tariffs.

Legal analysts say the Supreme Court’s repeated postponements on issuing a decision may reflect internal debate — not just over whether the tariffs are lawful, but over what remedy would apply if the court rules against Trump.

Some court watchers have suggested the justices could seek a middle ground that curbs future tariffs while limiting or avoiding retroactive refunds, which could exceed $130 billion and deal a major blow to the US Treasury.

Treasury Secretary Scott Bessent has publicly played down the risk of a defeat, predicting the court is unlikely to strike down what he has called the president’s “signature economic policy.”

“I believe that it is very unlikely that the Supreme Court will overrule a president’s signature economic policy,” Bessent said Sunday on NBC’s “Meet the Press,” arguing the justices would be reluctant to create economic chaos.

Members of the Trump administration have said the president would immediately replace the duties if the court strikes them down.

The prolonged silence from the court comes as Trump continues to expand his use of tariffs as leverage, including fresh threats against European allies tied to his push to acquire Greenland.

In a social media post Saturday, the president announced new tariffs on Denmark, France, Germany, the United Kingdom and four other European countries as part of his push to annex Greenland.

The 10% levies, which will start Feb. 1 and jump to 25% on June 1, sent shockwaves through global stock markets.

The Trump administration has argued the tariffs are a tool to raise significant tax revenue for the US government and give the nation the upper hand in foreign negotiations.

A study published Monday found Americans are bearing 96% of the cost President Trump’s tariffs – contradicting White House claims that foreign exporters are eating the added costs.

Charlie Gasparino has his finger on the pulse of where business, politics and finance meet

Sign up to receive On The Money by Charlie Gasparino in your inbox every Thursday.

Thanks for signing up!

US customs revenue soared roughly $200 billion in 2025 – but it was “a tax paid almost entirely by Americans,” according to research from the Kiel Institute, a German think-tank, which analyzed $4 trillion worth of shipments from January 2024 through November 2025.

For every $100 collected in tariff revenue, roughly $96 comes out of American pockets and just $4 is coughed up by foreign exporters, according to the study.

Instead of slashing prices to swallow the tariff costs, it appears most foreign exporters are simply reducing their market share in the US – banking on other global markets to make up the difference.

“The average tariff imposed by America has increased by almost tenfold under President Trump, and inflation has continued to cool from Biden-era highs,” White House spokesman Kush Desai told The Post.

“The Administration has consistently maintained that foreign exporters who depend on access to the American economy, the world’s biggest and best consumer market, will ultimately pay the cost of tariffs, and that’s exactly what’s playing out.”

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

McDonald’s customers fed up with surprise charge for online orders: ‘It’s a rip off’

McDonald’s customers fed up with surprise charge for online orders: ‘It’s a rip off’

Gas prices rise above  a gallon for first time in more than 3 years

Gas prices rise above $4 a gallon for first time in more than 3 years

JetBlue hikes baggage fees to offset higher fuel costs sparked by Iran war; other airlines may follow suit

JetBlue hikes baggage fees to offset higher fuel costs sparked by Iran war; other airlines may follow suit

Fed’s Powell says no need to hike interest rates now — officials should look past higher energy prices

Fed’s Powell says no need to hike interest rates now — officials should look past higher energy prices

Dow jumps 200 points, Brent crude oil sees wild swings as it heads for record monthly surge

Dow jumps 200 points, Brent crude oil sees wild swings as it heads for record monthly surge

How the ultra-rich are skipping TSA lines, clogged airports as chaos spirals

How the ultra-rich are skipping TSA lines, clogged airports as chaos spirals

Delware judge steps aside from Elon Musk cases over ‘bias’ in supporting LinkedIn post that mocked him

Delware judge steps aside from Elon Musk cases over ‘bias’ in supporting LinkedIn post that mocked him

NYC sues ride hailing app Empower for operating without licenses, ‘putting public at risk’

NYC sues ride hailing app Empower for operating without licenses, ‘putting public at risk’

Epic Games layoffs leave worker with terminal brain cancer without insurance

Epic Games layoffs leave worker with terminal brain cancer without insurance

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Exclusive | Doctors dismissed my agonizing symptoms for years — my misunderstood condition affects 190M people

Exclusive | Doctors dismissed my agonizing symptoms for years — my misunderstood condition affects 190M people

March 31, 2026
McDonald’s customers fed up with surprise charge for online orders: ‘It’s a rip off’

McDonald’s customers fed up with surprise charge for online orders: ‘It’s a rip off’

March 31, 2026
Supreme Court sides with Christian counselor, strikes down part of Colorado ban on conversion therapy

Supreme Court sides with Christian counselor, strikes down part of Colorado ban on conversion therapy

March 31, 2026
Supreme Court rules Colorado conversion therapy ban restricts speech

Supreme Court rules Colorado conversion therapy ban restricts speech

March 31, 2026

Subscribe to News

Get the latest USA news and updates directly to your inbox.

Latest News
Dakota Johnson Says She Was Branded ‘Cocky’ for Shaking Hands at an Audition, Didn’t Get the Part

Dakota Johnson Says She Was Branded ‘Cocky’ for Shaking Hands at an Audition, Didn’t Get the Part

March 31, 2026
Arrest report reveals what Tiger Woods had in his pocket during Florida DUI bust after flipping SUV

Arrest report reveals what Tiger Woods had in his pocket during Florida DUI bust after flipping SUV

March 31, 2026
US has struck more than 11,000 targets in 30 days of Iran war

US has struck more than 11,000 targets in 30 days of Iran war

March 31, 2026
Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram
© 2026 USA Times. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.