đš TrumpâSupreme Court Clash Sparks Global Market Shock
Former U.S. President Donald Trump has announced a new 10% global import tariff for 150 days, just after the Supreme Court of the United States ruled his previous tariffs unlawful in a 6â3 decision.
The White House confirmed exemptions for select goods such as minerals, fertilizers, and certain metal equipment. Trump called the ruling âdisappointing,â stating he retains authority under national security provisions and does not require Congressional approval.
đ Market Impact
Global stock markets reacted with sharp volatility, while crypto markets saw increased activityâparticularly in high-risk meme and alpha tokens. Rising trade tensions could fuel further swings in Bitcoin and altcoins as investors reassess risk exposure.
⥠Whatâs Next?
Is this the beginning of Trade War 2.0 â and will crypto emerge as the ultimate hedge?