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Supreme Court plans rulings for January 20 with Trump's tariffs still undecided

The Supreme Court will decide if Trump lawfully used emergency powers for tariffs affecting China, Canada, and Mexico, with potential $130 billion in refunds at stake.

  • The U.S. Supreme Court scheduled Jan. 20 as its next opinion day and may post opinions at 10 a.m. ET while the tariff case over President Donald Trump's global tariffs remains unresolved.
  • The court is weighing whether IEEPA authorized broad tariffs after two lower courts struck down President Donald Trump's April 2 Liberation Day tariffs imposing 10%-50% levies on China, Canada and Mexico.
  • During Nov. 5 oral arguments, justices expressed skepticism about the asserted emergency authority, while more than 1,000 companies have filed preemptive lawsuits seeking refunds that could exceed $130 billion.
  • Kevin Hassett, White House National Economic Council Director, said officials are highly confident and have contingency plans including 10% tariffs under Section 122 of the Trade Act of 1974 for up to 150 days, with U.S. Trade Representative Jamieson Greer involved.
  • If the court does not release the tariff ruling next week, it likely won't come for at least another month, and Jan. 21 is the last public session before a pause until Feb. 20.
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Cryptoast broke the news in on Friday, January 16, 2026.
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