Washington: The United States Supreme Court has deferred ruling on the legality of President Donald Trump’s global tariffs.
The top court issued three rulings on Tuesday, but did not pronounce a verdict on the highly-anticipated issue of Trump’s tariffs, Reuters reported.
Last week, too, the Supreme Court had held back a decision on the challenges to the Trump administration’s use of emergency powers to impose sweeping global tariffs.
During the hearin
g on the matter on November 5, the arguments made had indicated that the court was skeptical about Trump having the authority to impose tariffs under a 1977 law, which gives special powers to the President under emergency situations.
In case the tariffs are struck down, the top court will also have to decide whether companies that paid them would be entitled to refunds.
The Trump administration is cautiously optimistic about a favourable verdict.
Treasury Secretary Scott Bessent said on Sunday it was “very unlikely” that the US Supreme Court will overturn President Trump’s use of emergency powers to impose tariffs.
Some officials have said that even if the court rules against the government, new tariffs will be imposed immediately.
Trump has threatened a fresh round of tariffs on European partners which don’t back his plans to annexe Greenland.