BlockBeats News, February 14th. According to foreign media reports, the U.S. Supreme Court has set February 20th as the next opinion release date, with the world currently awaiting a ruling that could largely nullify U.S. President Trump's signature tariff policy. The reports indicated that the justices are also expected to release opinions on February 24th and 25th.
This tariff dispute is one of the 12 cases argued in October or November that has not yet been decided. U.S. federal government data shows that the controversial tariffs cause importers to lose over $16 billion per month.
Economic analyst Chris Kennedy calculates that at this rate, by February 20th, the total amount of duties collected under the core law of the case, the 1977 International Emergency Economic Powers Act, could exceed $170 billion. (FXStreet)
