U.S. Supreme Court, Will it Put the Brakes on Trump's Tariffs... Betting Market "77% Illegal"

Source: BlockMedia Original Title: Will the US Supreme Court Halt Trump’s Tariffs? Betting Market “77% Unlawful” Original Link: https://www.blockmedia.co.kr/archives/1029181 As it is reported that the US Supreme Court will determine the legality of President Trump’s tariff policies, there is a growing sentiment in the market that these tariffs may be ruled illegal.

According to the decentralized prediction market Polymarket, there is a 77% chance that the Supreme Court will rule President Trump’s tariff measures as unlawful by this coming Friday. This is a significant increase from the previous day, with the probability of a legal ruling against the tariffs rising and the chance of them being deemed lawful dropping to 23%.

The prediction market is trading on the theme “Will the Supreme Court rule Trump’s tariffs as illegal?” Recently, buy-side interest in the ‘illegal’ scenario has surged, causing rapid price movements. This is interpreted not as a definitive legal forecast but as a reflection of market participants’ expectations and shifts in positioning.

Market observers are paying attention to the fact that this case could go beyond simply assessing the legality of tariff policies and could involve a judicial judgment on the boundaries between the sitting president’s administrative authority and Congress’s trade powers. Especially if the Supreme Court curtails the authority to impose tariffs, it could impose restrictions on the overall trade policies of the Trump administration.

Financial markets also regard this potential ruling as a major policy risk. If tariffs are deemed illegal, there is an expectation that the US’s protectionist stance could be somewhat relaxed, which could have chain reactions affecting the global trade environment, foreign exchange markets, and commodity prices.