BlockBeats News, February 22 — According to data from the prediction platform Polymarket, the market currently estimates a 19% chance that a court will order Trump to refund tariffs before July 2026, with the probability of denial rising to 82%.
BlockBeats previously reported that on February 20, the U.S. Supreme Court ruled 6-3 that Trump’s trade tax policy was unlawful. The Supreme Court determined that the International Emergency Economic Powers Act (IEEPA) does not authorize the president to impose tariffs. It upheld the lower court ruling from the U.S. Federal Circuit Court of Appeals, which found Trump’s tariffs to be illegal.
Subsequently, Trump called the Supreme Court ruling a “disgrace.” Trump stated that after the ruling, he had alternative plans regarding the tariffs.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports
Kalshi has raised $1 billion in funding, increasing its valuation to $22 billion, doubling from its last round in December. This growth reflects the rapid investment trend in prediction markets, forecasted to reach $95.5 billion by 2035.
Decrypt1h ago
Crypto Betting Platform Polymarket Lands Exclusive MLB Partnership
Major League Baseball has partnered with Polymarket for exclusive prediction market services while tightening betting regulations to mitigate risks of manipulation. An agreement with the CFTC enhances oversight on market integrity, addressing concerns raised by recent scandals.
LiveBTCNews5h ago
Bounce launches the prediction market product Bounce Predict, with the first application scenario being Sotheby's auction.
Gate News reported that on March 22, Bounce officially launched its new ecosystem product Bounce Predict. The product is positioned as a prediction market platform for auction scenarios. It has currently opened prediction markets for an upcoming Sotheby's auction, where users can use USDT to make price predictions on auction results.
GateNews6h ago
MLB Partners with Polymarket! New Era for Prediction Markets?
Major League Baseball (MLB) announced a partnership with prediction market exchange Polymarket, in which both parties will share information and establish an integrity framework. MLB will restrict high-risk markets and work to prevent manipulation and fraud. This collaboration has sparked legal and ethical controversies, with supporters arguing that regulation should be implemented to protect market integrity.
区块客15h ago
GLM-5 achieved a 42.99% return rate in the AI prediction market trading competition, becoming the only model to surpass the human benchmark
Zhipu Z.ai's global head Li Zixuan revealed that GLM-5 leads human benchmarks in the Prediction Arena prediction market with a 42.99% return rate, becoming the only AI model to surpass humans. The model executed 98 trades with outstanding performance.
GateNews15h ago
Polymarket predicts that the probability of Bitcoin falling to $65,000 in March has increased to 49%.
Gate News, on March 22, as Bitcoin briefly dropped below $69,000, the prediction probability of "Bitcoin falls to $65,000 in March" on the Polymarket prediction market rose to 49%. Additionally, the probability of predicting Bitcoin falling to $60,000 is 16%, and the probability of predicting it rising to $80,000 is 12%.
GateNews18h ago
