New Delhi, Jan. 14 -- The US Supreme Court will likely deliver its verdict on tariffs imposed by the Trump administration on US trading partners on January 14. The apex court of the US did not issue a ruling last Friday, January 9, in the case questioning the legality of US President Donald Trump's sweeping global tariffs.

The US Supreme Court typically releases rulings around 10:00 am Eastern Time, or 8:30 pm Indian Standard Time, on opinion days.

On April 2 last year, Trump imposed tariffs ranging from 10% to 50% on almost all major economies. However, his tariff salvo was challenged in court on the grounds that the measures exceeded presidential authority under existing laws.

After slower federal courts ruled that many of those tari...