Warning over fallout from tariffs court case

US ruling could lead to market mayhem

- NUNTAWUN POLKUAMDEE NAREERAT WIRIYAPONG SOMRUEDI BANCHONGDUANG

While executives believe the US Supreme Court could strike down Trump's tariffs, the president has likely prepared contingency plans potentially including new tariffs.

(AFP)

Business executives warn of renewed turbulence if the US Supreme Court eventually rules against President Donald Trump in a high-profile case challenging the legality of his global import tariffs, saying uncertainties would mar economic sentiment.

Markets predict a high likelihood of Trump losing the case, but caution that such a judgement would not necessarily reduce uncertainty.

Instead, Trump is widely expected to turn to contingency plans, potentially announcing new tariffs and encouraging affected exporters to pursue legal action themselves — a move that could extend market disruption.

The comments came as the Supreme Court on Wednesday did not deliver a verdict in the critical case. Some analysts believe a decision on such a major case is more likely in May or June.