关税，深夜重磅！美最高法院：暂缓裁决！

Group 1 - The U.S. Supreme Court will not make a ruling on the Trump administration's tariff case on January 9, focusing on whether the administration had the authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA) and if the government must refund tariffs paid by importers if deemed illegal [1] - U.S. Treasury Secretary Scott Bessenet emphasized the importance of maintaining tariff revenue levels, noting that an unfavorable ruling would limit the President's flexibility in using tariffs as negotiation tools, which would be a loss for the American public [1] - The Trump administration initially cited IEEPA to impose tariffs as an emergency measure to prevent fentanyl from entering the U.S. [1] Group 2 - The actual effects of the Trump administration's tariff policy differ from initial analyst predictions, showing limited impact on U.S. inflation while significantly reducing the trade deficit, which fell to its lowest level since the 2009 financial crisis by October 2025 [2] - The substantial decline in imports during this period is linked to the recession caused by the financial crisis [2] - The implications of the tariff ruling on U.S. trade dynamics, fiscal health, and global economic interactions will gradually become apparent, warranting ongoing monitoring of policy adjustments and market reactions [2]