Supreme Court's Delay In Tariff Ruling A Sign Of Potential Victory For Trump? - Costco Wholesale (NASDAQ:COST)

The Supreme Court’s delay in delivering a verdict on the use of emergency powers to implement tariffs under the International Emergency Economic Powers Act (IEEPA) could be a sign of a favorable outcome for President Donald Trump, according to JPMorgan analysts.For a second time, the Supreme Court declined to rule on the legality of Trump's tariffs on Wednesday, and did not set a date for a future decision.In a note to clients, the analysts, Amy Ho and Joyce Chang, highlighted that the longer the court take ...