Donald Trump raises current tariffs to 15%. What or who will stop him yet? #Bitcoin

Trump’s tariff hike to 15% pressures global trade, hitting industrials and exporters. Watch $CAT ($758.90, -0.20%), $DE ($663.20, +0.20%) for downside risk. Inflationary ripple may force Fed's hand, impacting rate-sensitive sectors like tech. Defensive positioning in staples/utilities prudent. This is my opinion. Not financial advice.

@el33th4xor Trump’s imposed tariffs have been ruled illegal by the Supreme Court. It’s now time for the president to discard economic ideas from the 1600s and build a modern economy based on blockchains

Bitcoin Pops After Supreme Court Strikes Down Trump’s Tariffs The Supreme Court of the United States on Friday struck down President Donald Trump’s sweeping global tariff regime, ruling 6-3 that he exceeded his authority by imposing broad import duties under a national emergency law. The decision invalidates tariffs Trump levied in early 2025 under the International Emergency Economic Powers Act, a statute enacted in 1977 and historically used to sanction foreign adversaries during crises. Trump cited persistent trade deficits and national security concerns, including fentanyl trafficking, to justify duties ranging from 10% to 50% on imports from nearly every major trading partner. Writing for the majority, Chief Justice John Roberts said the Constitution leaves little ambiguity about who controls the taxing power. “The Framers did not vest any part of the taxing power in the Executive Branch,” Roberts wrote, adding that no previous president had used the statute to impose tariffs “of this magnitude and scope.” The ruling marks the first major test of Trump’s second-term economic agenda before the high court, which includes three justices he appointed during his first term. Lower courts had already found that the administration overstepped, emphasizing that Article I of the Constitution assigns tariff authority to Congress. President Trump said he has a backup plan to pursue tariffs following the court ruling, according to various sources.

@KobeissiLetter If tariffs are ruled illegal, refund exposure at that scale is massive. Policy reversals like this can ripple through markets fast.

BREAKING: 🇺🇸 The U.S. Supreme Court overturns President Trump’s tariffs. All tariff policies from the past year are invalid. Market volatility, including in Bitcoin and crypto, may occur in the coming days.

🚨 SUPREME COURT STRIKES DOWN TRUMP TARIFFS 🇺🇸⚖️ In a 6–3 ruling, the Supreme Court invalidated Trump’s IEEPA-based tariffs, saying broad import duties require clear congressional approval. What It Means: • Billions in tariffs rolled back • Up to $175B in potential refunds • Imports get cheaper → inflation pressure may ease • Markets reacting bullish on reduced trade tension Winners: Consumers, importers, risk assets Losers: Protected domestic industries Big shift in trade power, and potentially bullish for markets in the short term. #BreakingNews #SupremeCourt #Tariffs #StockMarket #Crypto #Inflation #Economy #Bitcoin #XRP

🚨 BREAKING: The U.S. GDP grew by 1.4%, below the expected 3.0%, signaling a stronger-than-expected slowdown in economic growth. At the same time, December’s PCE inflation rose to 2.9%, above the expected 2.8%, while Core PCE climbed to 3.0%, its highest level since November 2023. Markets reacted negatively: the S&P 500 dropped below 6,850 and Bitcoin fell below $67,000 as growth slowed and inflation accelerated.