The U.S. Supreme Court's ruling on the legality of Trump's tariff policy has been postponed again. As of mid-January, the Supreme Court justices have yet to make a final decision, and the market is eagerly awaiting the "final verdict" next week. Based on current information, the ruling may be announced during the court session on Tuesday or Wednesday, but the exact timing remains uncertain.

This suspense alone is enough to shake the market. In the current absence of a ruling, global capital markets have already shown noticeable declines—Nasdaq down 1%, S&P 500 down 0.6%, and the semiconductor sector experiencing a 1.1% drop. Consumer stocks performed poorly, with leading companies like Lululemon and Mattel seeing their stock prices decline, and traditional blue-chip stocks like Stanley Black & Decker giving back previous gains.

The court controversy centers on the "Liberty Day" tariff plan. This plan is scheduled to launch on April 2nd and will impose tariffs ranging from 10% to 50% on various imported goods. During previous court debates, several justices expressed doubts about the legality of this policy—particularly concerns over Trump citing the 1977 International Emergency Economic Powers Act to bypass Congress procedures.

If the final ruling is a loss, the potential economic consequences could be quite severe. Industry estimates suggest that if the tariff policy is deemed unconstitutional, it could trigger a tax refund controversy exceeding $130 billion. For the Trump team, this would be the most serious legal challenge since returning to the White House.

Digital assets such as ETH, ZEC, and ZEN are increasingly correlated with traditional financial markets. Whenever macroeconomic policy faces significant uncertainty, the crypto markets tend to fluctuate accordingly. Investors should closely monitor the final outcome of this legal case, as it could have profound implications for the global financial landscape.