Why is the Supreme Court is holding back on Trump tariffs? Legal expert explains

• The Supreme Court's delay on Trump's tariff ruling may be influenced by ongoing international negotiations or a lack of consensus among justices on the legal grounds for a decision.
• Fed Chair Jay Powell's attendance at Supreme Court arguments regarding presidential power over the Fed is seen as an escalation that could backfire and is unusual for such a high-ranking official.
• The legal arguments around tariffs involve whether a trade deficit constitutes an emergency and the scope of presidential power to impose worldwide tariffs.

The discussion centers on two legal issues: the Supreme Court's delay in ruling on former President Trump's tariffs and Fed Chair Jay Powell's decision to attend Supreme Court arguments regarding the President's power to fire a Fed Governor. The expert suggests the tariff delay could be due to ongoing negotiations or internal judicial disagreement, while criticizing Powell's attendance as an unnecessary escalation that could backfire.