Traders Bet 73% Against Trump's Tariffs: Supreme Court Decision Today
Business
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Moneycontrol•14-01-2026, 14:57
Traders Bet 73% Against Trump's Tariffs: Supreme Court Decision Today
- •The US Supreme Court is set to rule today, January 14, on the legality of former President Donald Trump's tariffs.
- •A significant 73% of traders on Polymarket predict the Supreme Court will declare Trump's tariffs illegal.
- •The case questions whether a US President can unilaterally impose tariffs using national security or emergency powers, or if such actions exceed constitutional limits.
- •The ruling will establish a precedent for future presidents regarding the use of emergency powers to influence economic policy.
- •Trump has defended his tariff policy, claiming it led to an economic turnaround, and warned of massive financial repercussions if the Court rules against the US.
Why It Matters: Traders heavily bet against Trump's tariffs as the Supreme Court prepares to deliver a landmark ruling today.
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