U.S. Supreme Court Tariffs Case Debate Progress: Trump's Chance of Defeat Rises to 75%, Decision Expected in December
BlockBeats News, November 6th: The probability of Trump losing the Supreme Court tariff case on Polymarket has risen from yesterday's 61% to 75%. The U.S. Supreme Court held oral arguments on Wednesday local time regarding the legality of Trump's widespread imposition of reciprocal tariffs. Apart from the liberal justices on the Supreme Court, several conservative justices have also expressed doubts about the legality of Trump's tariffs. Chief Justice of the Supreme Court John Roberts stated that Trump's tariffs amount to taxing the American people, which has always been a core power of Congress. Among the three justices appointed by Trump during his presidency, Gorsuch and Barrett raised probing questions and delved into the arguments of the tariff opponents. Conservative justices hold a majority on the Supreme Court, with a ratio of 6:3. The Supreme Court may announce the judgment in December.
However, when asked about his thoughts on the tariff case oral arguments, Trump's response sounded optimistic. Trump stated in an interview with Fox News: "I heard today that the case is progressing very smoothly, but I only heard about it recently. What I want to say is, if we lose, it will be devastating for our country." U.S. Treasury Secretary Yellen also mentioned that after today's tariff hearing, she remains very optimistic.
You may also like

Pantera Capital: How has Crypto as a Service affected us?

Pantera Capital: What changes have we made when crypto is treated as a service?

Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious

Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?

CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX

a16z: The Real Opportunity of Stablecoins Lies Not in Disruption but in Filling Gaps

Mining Exodus: Someone Holds $12.8 Billion AI Order

March 6 Market Key Intelligence, How Much Did You Miss?

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting
Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX
The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.

Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin

Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading

Wall Street Bears Target Ethereum: Vitalik In the Know Takes Flight, Tom Lee Remains Bullish

Pump.fun Hacker Steals $2 Million, Receives 6-Year Prison Sentence, Opts for 'Self-Detonation'

6% Annual Percentage Yield as Musk Declares War on Traditional Banks

36 years, 4 wars, 1 script: How does capital price the world in conflict?

Mining Companies' Great Migration: Some Have Already Secured $12.8 Billion in AI Orders

What Is Vibe Coding? How AI Is Changing Web3 & Crypto Development
What is vibe coding? Learn how AI coding tools are lowering the barrier to Web3 development and enabling anyone to build crypto applications.