美国最高法院暂未公布对特朗普关税的判决，市场紧盯下周三

Core Viewpoint - The U.S. Supreme Court has not yet made a ruling on the legality of tariffs imposed by the Trump administration, leaving the future of this key economic policy uncertain [1][3]. Group 1: Supreme Court Ruling - The Supreme Court will not announce a decision on the Trump tariffs on January 9, with the next announcement scheduled for January 14 [1]. - The ruling will address two main issues: whether the government can impose tariffs under the International Emergency Economic Powers Act (IEEPA) and if refunds are necessary for importers who have already paid tariffs [3]. Group 2: Market Reactions and Implications - The lack of a ruling led to a decline in stocks related to tariffs, highlighting the market's sensitivity to the outcome [3]. - Analysts predict a mixed ruling, which may limit the government's ability to use tariffs as a tool for national security or negotiation, potentially impacting fiscal conditions [8][11]. Group 3: Alternative Strategies - Even if the court rules against the Trump administration, there are alternative methods to implement tariffs without relying on the IEEPA [6][10]. - The administration has backup plans in place to maintain tariff levels, indicating a proactive approach to potential legal setbacks [10]. Group 4: Financial Impact - Tariffs are projected to generate approximately $195 billion in revenue for the fiscal year 2025 and $62 billion for 2026, emphasizing their significance to the U.S. Treasury [9]. - The actual impact of tariffs has been less severe than expected, with limited inflation effects and a significant reduction in the trade deficit, which fell to its lowest level since the 2009 financial crisis [14].