The Supreme Court might issue a tariff opinion on February 20th. Or not. The decision covers "lots of nuance legal issues" and so might not be issued until June. And if the tariffs are found unconstitutional, tariffs will likely be reissued using some other legal argument, leading to more court cases, and more waiting. Of course, our passive do-nothing Congress could act to clarify the situation.

Supreme court may issue tariff opinion February 20th
"The U.S. Supreme Court has scheduled Feb. 20 for opinions ... Kalshi traders now give just 28.8% chance that the Supreme Court rules in favor of Trump's tariffs"
community.portfolio123.com - Supreme court may issue tariff opinion feb

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3 months after rapidly scheduled arguments, the Supreme Court has yet to decide on Trump’s tariffs, January 28, 2026
"Major decisions on expanding gun rights, overturning Roe v. Wade and ending affirmative action in college admissions were handed down six to eight months after the cases were argued."
apnews.com - Trump tariffs supreme court ruling

Justice Jackson discusses navigating relationships on Supreme Court despite differences
Question: "why is it taking so long to reach a decision on tariffs?"
Justice Jackson: "You're talking about the tariff decision. Well, you know, there are lots of nuance legal issues that the court has to thoroughly consider. We had oral arguments uh as we normally do in cases and people may not be familiar with the court's process. We actually deliberate over a a period of time where each of the justices decides how they feel about the issues and writes and it takes a while to write."
YouTube: Justice Jackson discusses navigating relationships on Supreme Court despite differences (CBS Mornings)

Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision
“We can recreate the exact tariff structure with [sections] 301, with 232, with 122,” he said during an onstage interview at The New York Times DealBook Summit.
cnbc.com - Bessent says US will be able to replicate tariffs even if it loses supreme court decision

What Importers Need to Know as the Supreme Court Decides the Fate of IEEPA Tariffs, February 11, 2026
"The outcome of this case will have significant implications across many industries for businesses that rely on imports. It has been estimated that over 34 million entries of goods subject to the trafficking and reciprocal tariffs have been made by more than 300,000 importers of record, resulting in estimated additional tariff revenues of approximately $130 billion. If the Supreme Court affirms the lower courts' rulings, affected importers may be eligible to recover duties paid for the affected tariffs. In addition, businesses that purchased imported items at elevated prices to cover tariffs imposed on importers also have an interest in whether those tariffs are refunded."
natlawreview.com - What importers need know supreme court decides fate ieepa tariffs