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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (50834)	1/16/2026 5:26:43 PM
From: Les H	Read Replies (1) \| Respond to of 51262

Supreme Court's Delay In Tariff Ruling A Sign Of Potential Victory For Trump? Namrata Sen, Benzinga Fri, January 16, 2026 The Supreme Court’s delay in delivering a verdict on the use of emergency powers to implement tariffs under the International Emergency Economic Powers Act (IEEPA) could be a sign of a favorable outcome for President Donald Trump, according to JPMorgan analysts. For a second time, the Supreme Court declined to rule on the legality of Trump's tariffs on Wednesday, and did not set a date for a future decision. In a note to clients, the analysts, Amy Ho and Joyce Chang, highlighted that the longer the court takes to make a decision, the more likely it is leaning towards the Trump administration despite legal experts predicting otherwise, reported Fortune on Wednesday. The analysts noted that historically, the Supreme Court saves its most consequential rulings for the end of its term in June, allowing for extended deliberation. They also noted that the underlying case involves potential tariff refunds of $135 billion. Supreme Court's Delay In Tariff Ruling A Sign Of Potential Victory For Trump? It probably means that the initial vote was going against the tariffs and there's lobbying inside the court holding up the outcome. John Roberts, the Chief Justice of the United States, has significantly expanded the presidential powers through his rulings and opinions. He has been instrumental in legitimizing the executive branch's authority, particularly during the Trump administration, by upholding decisions that allow the president to exercise greater control over executive actions, such as the Muslim ban and the remand of congressional subpoenas. His judicial philosophy has been described as conservative, and he has authored key opinions that reflect a shift towards a more powerful presidency, often casting the president in a monarchical light.