A positive share price trend in shares is not guaranteed: Three factors could have a significant impact on the financial markets in the coming period. The first factor is that the US Supreme Court has promised to rule soon on whether Trump's import tariffs were imposed legally. Lower courts have already ruled that this was illegal, but the Supreme Court has the final say on this matter. The general expectation is that at least some of the import tariffs will be ruled illegal. In itself, this is not a disaster for the government, as the tariffs can still be imposed legally on the basis of other laws. However, this will have to be done in a modified form and it will take some time before this is arranged. This has two important consequences: