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US Supreme Court tariff decision likely today. How could it impact gold, silver, Indian stock market?

All eyes are on the US Supreme Court today for its ruling on US President Donald Trump’s tariffs against the trade partners of the country. The top court is expected to issue rulings on Friday, as it has scheduled January 9 as an “opinion day”- the first chance for a ruling on Trump tariffs. The court does not announce ahead of time which rulings it intends to issue.

US Supreme Court tariff decision likely today. How could it impact gold, silver, Indian stock market?

Credit: Livemint

Key Highlights

  • Media reports highlight that the US Supreme Court generally releases decisions around 10:00 a. m.
  • Eastern Time (ET) on opinion days.
  • This will be the first time the US Supreme Court will issue a ruling on Trump's sweeping tariffs.
  • On April 2 last year, Trump imposed tariffs in the range of 10-50%, terming the date as “Liberation Day”.
  • Trump's tariffs were challenged in courts, and lower federal courts, as Mint reported, have already ruled that many of the tariffs exceeded presidential authority under existing laws.
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Sources

  1. US Supreme Court tariff decision likely today. How could it impact gold, silver, Indian stock market?

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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