🚀 Trump Defies Supreme Court: The Trade War Just Went Nuclear
The gloves are off. Despite a disappointing Supreme Court ruling regarding IEEPA, Donald Trump is pivoting to a "tougher direction" that could reshape global markets in the next 72 hours.
The Strategic Shift & Legal War:
* ⚖️ Court Disappointment: Trump expressed deep frustration with the Supreme Court, claiming foreign interests influenced the decision.
* 🛡️ National Security: The tariff debate is no longer just about trade; it’s officially a matter of National Economic Security.
* 🛠️ New Tools: Trump claims he has "more effective tools" than IEEPA to bypass the ruling and increase revenue.
* 🚫 Trade Embargoes: While the court blocked specific fees, it confirmed his power to completely stop trade or ban specific companies from the U.S.
* 📦 Import Bans: The President retains the authority to block various goods and issue licenses (even if he can’t charge for them).
Immediate Economic Escalation:
* 🌎 10% Global Tariff: A new baseline tariff will likely be implemented within three days on top of existing duties.
* 🇨🇳 China Crackdown: A specialized 20% tariff is being considered for Chinese goods due to fentanyl trafficking.
* 🚗 Auto Industry Hit: New investigations are launching, with potential auto tariffs ranging from 15% to 30%.
* 📉 Fed Pressure: Trump blasted the "incompetent" Fed Chair for maintaining high interest rates during this transition.
The administration expects tariff revenues to climb as they move toward this more aggressive, unilateral trade stance. For the crypto markets, this macro volatility often drives whales toward $BTC as a hedge, while $ETH and $SOL traders should brace for high-impact swings.
Are you bullish on "Digital Gold" as the trade war heats up, or are you sitting in cash? 👇
#TradeWar #TRUMP #Macro NFA. DYOR.