Trump Tariffs: What Happens if US Supreme Court Cancels Them | The Pulse 1/14

Posted on 01/14/2026
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The US Supreme Court has scheduled its second “decision day” of the year on Jan. 14, providing another opportunity for the court to rule on the legality of three-quarters of President Donald Trump’s trade policy. Trump’s reliance on the International Economic Emergency Power Act (IEEPA) for his sweeping tariffs was seen as legally dubious from the start.

Today's guests: Ralf Preusser, Bank of America, Global Head of G10 Rates and FX Strategy; Omotunde Lawal, Barings, Head of EMEA Corporate Credit and EM Corporate Debt; Saadia Zahidi, Managing Director at the World Economic Forum; Georgina Wright, German Marshall Fund Senior Fellow.

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.



Chapters:

00:00:00 - The Pulse with Francine Lacqua

00:01:05 - Trump: Dimon wrong to criticize DOJ Fed probe

00:03:36 - US Supreme court could rule on tariffs today

00:05:34 - Market roundtable: Barings' Omotunde Lawal & Bank of America's Ralf Preusser

00:18:13 - Wall St. banks wobble on uneven earnings

00:19:54 - More US banks to report earnings today

00:20:32 - Czech defense firm CSG plans IPO in Amsterdam

00:23:47 - Wednesday headlines

00:24:54 - Trump urges Iranians to keep up protests

00:28:56 - Saadia Zahidi, Managing Director at the World Economic Forum

00:35:10 - Georgina Wright, German Marshall Fund Senior Fellow

00:41:22 - Novo CEO on obesity drug outlook

00:44:24 - Japan PM says she’ll dissolve parliament soon: Coalition Partner

00:45:03 - Novo CEO: Good uptake on obesity pill

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