Good morning from the Financial Times. Today is Monday, November 3rd, and this is your FT News briefing.

The Supreme Court is set to weigh in on the Trump administration's tariff policies, and we discuss what upcoming local elections tell us about America's political mood.

Plus, the boom in solar energy is happening with or without the United States.

China is producing a huge amount of solar panels which have pushed the price down.

China now accounts for something like 8 in 10 of solar panels around the world.

I'm Victoria Craig, and here's the news you need to start your day.

America's highest court will hear arguments on Wednesday about President Donald Trump's use of emergency tariffs.

Trump has said he considers the trade deficit a national emergency. He used that justification

to invoke emergency powers and apply sweeping tariffs on nearly every U.S. trade partner this

year. Two lower courts ruled that the president does not have that authority, but Trump's lawyers argue that his inability to make such a decision would, quote, thrust America back to the brink of economic catastrophe.

Hanging in the balance of the Supreme Court's decision is the future of extra U.S. tariff revenue, which has amounted to tens of billions of dollars so far this year.

Another crucial election season is upon us here in America. On Tuesday, it's state and local

leaders whose names are topping the ballots. But national issues, like inflation, are the

topics du jour. New Jersey's governor's race is one of those contests seen as a litmus test of the nation's

political mood. Lauren Fidor, the FD's Deputy Bureau Chief in Washington, has been talking to voters

in New Jersey, and she joins me now. Hi, Lauren. Hi, Victoria. So New Jersey has a

Democratic governor right now and tends to lean Democratic in presidential races. How are things

shaping up there now? What's the mood on the ground? Yeah, so this year, the Republicans are

feeling pretty good about the chances of taking back the governor's mansion. The polls show the Republican candidate Jack Chitorelli

pretty much in a dead heat with the Democratic candidate, Mikey Cheryl. And I spent some time

following Chudorelli around on the campaign trail last week. And there was a fair amount of energy

and momentum surrounding his campaign. His team says they feel good. The Republican

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