How the U.S. court blocked Trump's global tariffs — and what it means for crypto reality
📉 What happened?
On May 28, 2025, a U.S. federal court ruled most of the global tariffs imposed by the Trump administration illegal. This concerns:
💣 25% tariffs on goods from Mexico and Canada
🐉 20% tariffs on Chinese imports
🌍 10% tariffs on imports from all U.S. trade partners
💥 “Reciprocal” tariffs from 20% to 50% on products from 60 countries
The judges gave the Trump administration 10 days to comply with the ruling, although no specific instructions for rescinding the tariffs were provided.
⚖️ Why is this important?
Trump justified these tariffs with the International Emergency Economic Powers Act (IEEPA), citing:
🚨 trade deficit
💊 drug trafficking issue
However, the court ruled that such actions exceed the president's powers.
💸 Market reaction
After the court's decision:
📈 U.S. stock index futures rose, including Nasdaq 100 which increased by 2.1%
💵 The dollar strengthened while the yen fell
🔮 What's next?
⚖️ The U.S. Department of Justice has already filed an appeal to the Federal Circuit Court
🌐 If the decision stands, it could impact trillions of dollars in global trade
💬 Conclusion
This court decision is not only a blow to Trump's policy but also a reminder to everyone playing ‘king of the hill’ in the global economy:
⚠️ even the president is not allowed to play with billions unchecked.
The crypto community can breathe a sigh of relief — centralization has its limits.
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