Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
The U.S. Supreme Court did not issue a ruling Friday on President Donald Trump’s sweeping global tariffs, as traders price in a 75% chance that the Supreme Court ultimately rules in favor of Trump’s tariffs.
The court has not announced when it will decide the case.
Trump invoked the International Emergency Economic Powers Act (IEEPA) to impose “reciprocal” tariffs on goods from nearly every foreign trading partner, citing trade deficits as a national emergency.
Don’t Miss:
He used the same law for duties on China, Canada, and Mexico, citing fentanyl trafficking.
Trump imposed the duties by invoking a 1977 law meant for national emergencies, and lower courts ruled he exceeded his authority.
The administration appealed those rulings, setting up the current Supreme Court review.
Company executives, customs brokers, and trade lawyers are bracing for a potential fight over $150 billion in refunds from the U.S. government for duties already paid if Trump loses.
Major companies that have filed lawsuits challenging the tariffs and seeking refunds include Costco Wholesale Corp.(NASDAQ:COST), Alcoa Corp.(NYSE:AA), EssilorLuxottica SA(NYSE:EL), Goodyear Tire & Rubber Co.(NASDAQ:GT), BorgWarner Inc.(NYSE:BWA), GoPro Inc.(NASDAQ:GPRO), and Revlon Inc.
Dole Fresh Fruit Company filed Jan. 2, seeking a declaration that IEEPA tariffs were unlawful, a full refund for all tariffs paid, and an injunction preventing future tariffs.
J.Crew Group filed Jan. 6 seeking similar protections.
Toyota subsidiaries, Bumble Bee Foods, Kawasaki Motors Manufacturing, Yokohama Tire, and Yamazaki Mazak also filed protective suits to preserve refund rights.
Crypto traders argue that striking down Trump’s tariffs would provide multiple catalysts for Bitcoin(CRYPTO: BTC) and risk assets.
Market clarity would improve as $130 billion+ in annual tariff revenue faces legal challenge.
Cost pressures would ease for corporations, improving earnings outlooks.
The removal of tariff uncertainty would allow risk-on capital flows to return to growth assets like Bitcoin and tech stocks.
Trump acknowledged the stakes, saying in a Jan. 2 social media post that a Supreme Court ruling against the tariffs would be a “terrible blow” to the United States.
He has argued tariffs made the country stronger financially.
Even if the court strikes down tariffs imposed under IEEPA, other duties imposed under different statutes would remain in force. Any rollback would likely be partial, slow, and messy rather than an immediate removal of all trade barriers.
The challenge marks a major test of presidential powers and the court’s willingness to check Trump’s far-reaching assertions of authority.
The outcome will impact the global economy beyond just Bitcoin price action.
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.
Rad AI’s award-winning artificial intelligence technology helps transform data chaos into actionable insights, enabling the creation of high-performing content with measurable ROI. Their Regulation A+ offering allows investors to participate at $0.85 per share with a minimum investment of $1,000, providing an opportunity to diversify portfolios into early-stage AI innovation. For investors seeking exposure to the rapidly growing AI and tech sector, Rad AI offers a chance to get in on the ground floor of a data-driven growth story.
Home equity is one of the largest sources of wealth in the U.S., yet it has long been difficult for investors to access. Homeshares gives accredited investors exposure to this asset class through the U.S. Home Equity Fund I, managed by Nada Asset Management. With more than $10 million in Home Equity Agreements, the fund offers institutional-grade access to home equity without owning or managing property, providing a differentiated way for qualified investors to diversify real estate exposure.
As demand for electric vehicles and energy storage grows, lithium has become a key driver of the clean energy transition — and an asset class many investors haven’t tapped. EnergyX’s Lithium Ion Transport and Separation (LiTAS) technology offers a “brine to battery” solution, providing early-stage investors a way to gain exposure to lithium production and the energy sector. With investments starting at $1,000, EnergyX allows investors to diversify beyond traditional stocks and bonds into a fast-growing segment of the green economy.
Lightstone DIRECT gives accredited investors direct access to institutional-grade real estate, going beyond typical crowdfunding platforms. By cutting out middlemen, it aligns investor and manager interests while providing exposure to a $12B+ portfolio spanning multifamily, industrial, hospitality, retail, office, and life science properties. This approach allows investors to diversify their portfolios across multiple property types and markets, gaining professional-grade real estate exposure without the fees or misalignment common on other platforms.
Domain Money helps professionals and households earning $100,000+take control of their finances with personalized, CFP professional-led guidance. By offering tailored financial planning, Domain empowers users to make smarter, more confident decisions across investments, retirement, taxes, and overall wealth strategy.
Gameflip is a next-generation marketplace where users buy, sell, and “flip” digital gaming items. Backed by Silicon Valley VCs, PayPal, and a visionary EA co-founder, the platform has over $200 million in lifetime sales and a community of 7.4 million users. For investors looking to diversify into early-stage startups and the growing gaming economy, Gameflip offers exposure to a high-growth digital market beyond traditional investments.
