SCOTUS Tariff Case Most Likely to Be Decided in Early January
The Supreme Court will most likely decide the lead case on the legality of tariffs imposed under the International Emergency Economic Powers Act after the high court went on its four-week holiday recess. The court held its last conference day of the year on Dec. 12 and won't reconvene until Jan. 9, when it will hold both a conference day and a non-argument session, according to the court's calendar.
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The court's ordinary practice is to issue decisions in cases on its merits docket from the bench, usually a day or more after publicly announcing that opinions are likely, Bloomberg said. While the court usually waits until the end of the term to issue many of its decisions, which would see the tariff decision issued in June, many have speculated that the court's expedited briefing schedule indicates it intends to quickly release the decision.
Treasury Secretary Scott Bessent echoed this sentiment in an interview with Fox Business, saying that he expects the decision from the high court to come out in "early January."