Mon, 12 Jan 2026

Mon, 12 Jan 2026 Trump warns of 'mess' ahead of legal ruling on tariffs

The Supreme Court's decision on Trump's trade strategy could come as soon as Wednesday.
US President Donald Trump has expressed his concerns that striking down his tariffs by the Supreme Court could lead to a "complete mess" and significant financial losses for the country. In a social media post, Trump highlighted the challenges of determining who would be eligible for refunds if the court rules in favor of the opposing states and businesses. The president's administration has imposed billions of dollars' worth of tariffs on imported goods under the International Emergency Economic Powers Act (IEEPA), but critics argue that this exceeds his authority as president. If the Supreme Court rejects Trump's tariffs, the government may have to refund over $130 billion in collected revenue, which would be a significant financial burden. Trump claimed that processing refunds would take many years and could cause widespread economic disruption. The case has been ongoing for months, with two lower courts previously ruling that Trump did not have the authority to impose global tariffs. The Supreme Court's decision is expected as soon as Wednesday, and businesses and investors are anxiously awaiting the outcome. Trump's administration has threatened to find alternative avenues if the court rules against them, but critics argue that this would be a circumvention of the law. Many businesses in the US and abroad have been negatively impacted by Trump's tariffs, and some are hoping the court will deem the levies illegal. The case highlights the ongoing trade disputes between the US and other countries, including Iran, which is currently facing internal unrest and economic sanctions imposed by the US.
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