February 16, 2026

Kalshi traders bet on 75% chance Supreme Court nixes Trump’s tariffs

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Traders on the prediction market platform Kalshi currently assess a 75% likelihood that the Supreme Court will rule Trump’s tariffs illegal. These tariffs, which were recently championed by President Trump as a means to protect domestic industries, have led to legal debates concerning the extent of executive authority. The Supreme Court has been increasingly scrutinizing such executive actions on trade, reflecting ongoing tensions between presidential powers and congressional oversight.

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