Supreme Court tariff ruling could come today at 10 am ET

January 14, 2026
-FXnews

Eyes will be on the US Supreme Court at 10 am ET (1500 GMT) as it delivers another decision.

We don’t know whether today’s decision will be on tariffs or something else. The Supreme Court doesn’t schedule its decisions, it only announces that a decision on one of the cases before it will be delivered today. A majority of Justices sounded skeptical that Congressional powers of taxation were being respected, or that the rule of law was being followed. If they’re struck down, the reasoning and remedy will be critical.

If the reasoning leans towards it being a ‘major questions’ problem, the other tariff remedies could also be under threat. If the Supreme Court rules that tariffs must be refunded, then it would be a windfall for importers and a big hit to the US government’s finances

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