- Supreme Court’s Trump tariff ruling could lead to massive refunds and market volatility.
- Traders are bracing for impact, with Polymarket predicting a 78% chance of an unfavourable ruling.
- The court’s decision could have far-reaching implications for the global financial market.
The fate of the Trump tariff hangs in the balance as the US Supreme Court is expected to make a crucial decision this Friday. The outcome of the court ruling could have significant implications for global trade, inflation, and financial markets. As the crypto market awaits the court’s decision on President Donald Trump’s tax policy, experts assert that volatility is on the horizon.
Will the court rule against the tariffs? The stakes are high, and the potential consequences are far-reaching. The crypto market, in particular, is vulnerable to volatility, with an unfavourable ruling unleashing a massive wave of selling pressure.
How Trump Tariff Ruling Could Impact the Crypto Market?
As the US Supreme Court’s ruling on the Trump tariff policy looms, industry experts warn about high volatility in the crypto market as well as the global financial market. For instance, crypto commentator Wimar.X shared an X post, raising concerns about the ruling’s potential impacts on the crypto market.
Wimar.X’s caution about the court ruling suggests that the global crypto community is closely watching the day, January 10. He calls it the “worst day of 2026,” citing 78% odds on Polymarket for the US Supreme Court ruling the Trump tariff illegal.
Further, the expert predicted that such a ruling against the trade tax policies could result in a broader market downturn, with US stocks, crypto, and bonds all plummeting. He added that the ruling could force the government to refund the $600 billion already accumulated, ultimately leading to “chaos.” He noted,
“Trump is saying tariffs brought in around $600 BILLION. So if the court nukes the tariffs, the market instantly starts asking one thing. How much gets refunded, and how fast. That’s not “clarity”. That’s CHAOS. Refund fights. A giant revenue hole. Emergency new tariffs. Retaliation risk. And markets reprice all of it at once.”
Wimar.X believes that the possible ruling could lead to chaos, with refund fights, a giant revenue hole, emergency new tariffs, and retaliation risks, all of which will significantly impact the crypto market. He posits that it wasn’t a bullish signal, but a volatility warning.
However, the market remains split over this view of the Trump tariff ruling. Experts like Tom Lee see any market volatility as a buying opportunity rather than a huge crash. Lee wrote on X, “Perhaps this could be a contrarian signal.”
As of now, the Polymarket odds of the court’s unfavourable decision have surged to 80%, indicating that the decision is obvious. This marks a 30% surge from the initial readings.
US Supreme Court to Rule: What’s at Stake?
Reportedly, the US Supreme Court is poised to make a significant ruling on Trump tariffs this Friday. The court’s schedule lists this Friday as an opinion day, which could mark a crucial turning point for the crypto industry.
The judges have expedited the case, increasing the likelihood of a ruling this week. The President has been vocal in defending the tariffs ahead of the potential decision, adding to the uncertainty and expectations of the market. Trump stated,
“I hope they do what’s good for our country. I hope they do the right thing. The president has to be able to wheel and deal with tariffs.”
As the odds of the court ruling against the tax surge, the community remains surer about such a development. This anticipation is also bolstered by the court’s previous statements in November 2025, when judges expressed concerns about the legitimacy of the Trump tariff.
