U.S. Court Rules Trump’s Tariffs Illegal, Affecting Trade and Crypto
- A U.S. Federal Court declared former President Trump’s tariff policies illegal.
- The court ruled Trump exceeded his authority under the International Emergency Economic Powers Act.
- This decision affects international trade and the cryptocurrency market.
- Bitcoin’s price is currently $107,794, reflecting market reactions to tariff news.
- The U.S. Department of Justice plans to appeal the ruling.
The court’s decision against Trump’s tariffs highlights limitations on presidential power and impacts both global trade and cryptocurrency markets, with Bitcoin currently valued at $107,794.
Source (2.6)https://hodl.press/us-court-overturns-trumps-tariffs-presidential-overreach/?rand=24434
