The U.S. Supreme Court will expedite the review of Trump's tariff case. Economic data pressure fuels expectations of rate cuts, while U.S. stocks hit new highs again.

According to the Securities Times App, the United States Supreme Court announced on Tuesday that it will expedite the trial of a major case related to the Trump administration's tariff policy. This ruling will directly impact the core economic measures implemented by Trump during his second term. The case focuses on whether Trump has the authority to unilaterally impose tariffs on imported goods from foreign countries without approval from Congress by relying on emergency statutory laws.