🚨 Trump Calls Emergency Meeting After Tariff Ruling, Markets Brace for Impact
U.S. President Donald Trump has announced an emergency meeting scheduled for 3rd September following a federal appeals court decision that struck down key elements of his tariff powers. While the court ruled the tariffs exceeded presidential authority, they remain in effect until mid-October as the case moves toward a likely Supreme Court appeal.
The urgency of today’s meeting signals how high the stakes are. Beyond trade policy, the outcome could reshape U.S. economic strategy at a moment when global markets are already showing signs of stress. Stocks slipped nearly 1% today, and bond yields pushed higher — early signs of caution from investors assessing the potential fallout.
Why Crypto Is Watching Closely
• Periods of policy uncertainty often create ripple effects across all risk assets. For Bitcoin, Ethereum, and other major cryptocurrencies, two scenarios stand out:
• A restoration of tariff authority could steady investor sentiment, offering support for risk markets including crypto.
• A prolonged standoff may fuel volatility and spark safe-haven flows, where Bitcoin sometimes benefits, but broader risk-off moves can drag prices lower.
With global markets already on edge, today’s discussions could determine whether this becomes a contained policy fight, or the trigger for another round of volatility across stocks, forex, and crypto.