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US Supreme Court to Rule on Legality of Trump's Global Tariffs on Friday, Market May Face Worst Day of 2026
Summary: According to sources, crypto KOL Wimar.X (@DefiWimar) stated that January 10th (this Friday) may be the worst day for the market this year, as the US Supreme Court may rule Trump's tariffs illegal (currently with a 78% probability on Polymarket), leading to a sharp drop in US stocks, cryptocurrencies, and bonds. Wimar.X believes that historical ...
According to sources, crypto KOL Wimar.X (@DefiWimar) stated that January 10th (this Friday) may be the worst day for the market this year, as the US Supreme Court may rule Trump's tariffs illegal (currently with a 78% probability on Polymarket), leading to a sharp drop in US stocks, cryptocurrencies, and bonds.
Wimar.X believes that historical cases show that an illegal tariff ruling will result in massive tariff refunds (Wimar.X estimates up to $600 billion), which usually takes years of litigation case by case, creating a non-immediate cash flow impact.
It is worth noting that some community members believe the article's estimate of tariff refunds is exaggerated, and the market volatility at that time will be seen as an opportunity for trading rather than a collapse. Tom Lee also shared the article and commented that this could be a contrarian signal.
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Link: US Supreme Court to Rule on Legality of Trump's Global Tariffs on Friday, Market May Face Worst Day of 2026 [Copy]
