Federal Circuit to uphold trade court's tariff ruling by July 2028

The Federal Circuit is expected to deny the administration's appeal of the tariff ruling based on the same legal reasoning. The court's decision will likely confirm the tariffs' illegality, restricting the president's Section 122 authority. This would force a policy reversal before the tariffs expire on July 24.

Implied probability (Yes)

75%

Closes

2028-12-31