Stocks Poised to Win If the Supreme Court Strikes Down Tariffs
President Donald Trump delivers remarks on tariffs during an event at the White House, on April 2.
Photographer: Brendan Smialowski/AFP/Getty ImagesUS stocks are primed to rally if the Supreme Court rules that President Donald Trump lacked the authority to impose tariffs through an emergency-powers law, according to the latest Markets Pulse survey.
The court is poised to rule against the president’s use of the International Emergency Economic Powers Act (IEEPA) to collect global tariffs, according to nearly three-quarters of the 139 respondents to a poll conducted Dec. 2-8. A decision is expected in the coming months.