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Looking to experts for how the Supreme Court will rule on tariffs? They aren't sure either.

This week's highly anticipated arguments around President Trump's use of emergency powers have many calling the case a toss-up.

Ben Werschkul • Washington Correspondent
Updated Tue, November 4, 2025 at 6:11 PM EST • 4 min read

Tariff watchers have had this Wednesday circled on their calendars for weeks now, as the Supreme Court is set to hear arguments on the legality of the authority President Trump has used to impose the lion's share of his tariffs.

That's in part because observers are split about how things will play out once deliberations begin and ahead of a decision that could come before the end of the year.

The case — formally known as Learning Resources, Inc. v. Trump — is one that experts in both the legal and trade space are calling a toss-up. And it's made all the more fraught by Trump's keen personal interest in the outcome and a White House public pressure campaign already in evidence.

As for the projections, the odds are notable in how little confidence there is in any outcome.

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