On Wednesday, a U.S. federal court overturned former President Donald Trump’s tariffs, retroactive to last month’s so-called "Liberation Day." The court ruled that Trump’s administration exceeded its authority, stating that economic emergency laws do not allow the president to unilaterally impose global tariffs.

The decision immediately sparked intense debate across financial markets. Some see it as a positive signal for global trade relations, while others warn of looming instability. Meanwhile, crypto veteran and former BitMEX CEO Arthur Hayes has no doubts: now is the perfect time to buy everything. 💥

💰 Could Tariffs Return? Trump Plans to Appeal, Economists Remain Divided

The ruling affects a blanket 10% tariff on global imports, along with additional targeted tariffs on specific countries, including China. In fact, China could receive a refund of approximately $3.5 billion if the court’s decision leads to retroactive tariff returns, according to The Kobeissi Letter.

Overall, the refund could total $10 billion USD based on 2024 import levels – a massive financial shift for exporters and a fresh fiscal burden for the U.S. government.

Trump’s administration has already announced plans to appeal the decision. As a result, legal uncertainty around trade policy is likely to persist – just as the U.S. and the EU are rushing to finalize a trade agreement to avoid the looming threat of 50% tariffs.

📉 Fed Waits, Bitcoin Slips, Hayes Sees Opportunity

The Federal Reserve remains cautious. In its latest FOMC statement, it said future interest rate decisions would partly depend on developments in trade policy. For now, uncertainty reigns.

Bitcoin continues to slide slightly, trading around $107,857. But Arthur Hayes sees a once-in-a-decade opportunity. According to him, the lifting of tariffs and easing trade tension gives central banks and investors room to act. On his X platform, he boldly declared: "It’s time to buy everything" – from crypto to equities.

📈 Markets React Quickly – Stocks Rise, Bond Yields Surge

Futures for the S&P 500 spiked by 100 points, and European markets also responded positively. Indices like EU Stoxx 50, DAX, and FTSE 100 surged. Tech stocks also saw strong gains – Apple shares jumped 3.5% in after-hours trading.

Meanwhile, the bond market saw a dramatic move – yields on 10-year U.S. Treasuries surged past 4.50%, indicating investors expect further rate hikes even as trade tensions ease.

Summary:

The U.S. court’s decision to strike down Trump’s tariffs injects fresh momentum into global markets. Arthur Hayes believes the moment to buy is now, and current market data partly supports his view. But the big question remains: can this optimism hold if Trump pushes the case into appeals and reignites tariff battles?



#TRUMP , #ArthurHayes , #CryptoNewss , #Liberationday , #worldnews

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