US Supreme Court Delays Ruling on Legality of Trump’s Global Tariffs

The US Supreme Court has again deferred ruling on the legality of President Donald Trump's global tariffs imposed under the International Emergency Economic Powers Act (IEEPA), delaying a decision likely until after its February recess. The case challenges whether Trump exceeded his authority by declaring a national emergency to impose sweeping tariffs on imports from multiple countries. Trump acknowledged uncertainty over the outcome, warning that a ruling against his policy could require the US to refund billions in tariffs. The administration has indicated plans to quickly replace tariffs if struck down, while the delay prolongs uncertainty for global trade and affected nations.