Investment bank Piper Sandler has issued a stark warning regarding former President Donald Trump’s trade agreements, labeling them as potentially illegal under current U.S. law. The firm predicts that legal challenges surrounding these deals could culminate in a decisive ruling by the Supreme Court by June 2026.
According to Piper Sandler, several of Trump’s trade deals may violate established trade regulations and constitutional provisions, exposing them to judicial scrutiny. The bank’s analysis highlights the growing risk that ongoing litigation will ultimately invalidate key aspects of these agreements, impacting both domestic and international economic relations.
This forecast underscores increasing legal uncertainty surrounding Trump’s legacy in trade policy. The anticipated Supreme Court decision is expected to have significant ramifications for how future trade deals are negotiated and enforced, with potential repercussions across industries reliant on these agreements.
Observers will be closely watching the case as it progresses through the courts, noting that the ruling could reshape the legal framework governing presidential trade authority and international commerce in the years ahead.