The U.S. Supreme Court has struck down President Donald Trump’s sweeping tariffs in a landmark 6–3 decision. This ruling represents a rare rebuke of Trump’s economic program by a conservative-led court.
🔹 Key Details: (1) Chief Justice John Roberts joined Justices Amy Coney Barrett, Neil Gorsuch, and the three liberal justices in the majority. (2) The Court ruled that the President cannot unilaterally impose tariffs of unlimited scope, duration, and amount. (3) Analysts expect billions in refunds to importers and significant shifts in global trade dynamics.
📉 Market Impact: - Forex: heightened volatility in major currency pairs. - Stocks: potential pressure on U.S. and European indices. - Gold & Crypto: safe-haven demand may rise, with Bitcoin likely to react sharply.
⚠️ Risk Note: Macro news of this scale can trigger sudden liquidity spikes and unpredictable moves. Traders should manage risk carefully. $ETH $XRP $BTC