šØ In a major ruling, the U.S. Court of International Trade has blocked most of former President Donald Trump's "Liberation Day" tariffs, stating that he overstepped his legal authority. These tariffs targeted multiple trading partners with blanket import duties, sparking global trade tensions.
š According to the court, such sweeping actions require Congressional authorization, not just executive orders. This decision may set a legal precedent affecting future presidential powers in trade and economic sanctions.
š Why It Matters for Crypto Traders:
šŖ Global trade instability can influence crypto adoption as investors seek alternative assets.
š Tariff conflicts often cause market volatility ā an opportunity for crypto swing traders.
šµ Weakening traditional trade systems may accelerate the move toward decentralized finance (DeFi).
š§ Stay informed, stay ahead! This legal move could reshape how governments use economic tools ā and how markets respond
#TrumpTariffs #Bitcoin2025 #BinanceSquareFamily #globaleconomy #CryptoTrading. š°