What Happens if President Trump's Tariffs Are Invalidated?

Last weekend, a federal appeals court in Washington ruled that most of the tariffs (including reciprocal duties) imposed by the Trump administration during its term are illegal.

However, the court allowed these tariffs to remain in effect until October 14, pending the White House's appeal to the Supreme Court.

Two scenarios could happen after October 14:

1️⃣ The Supreme Court reverses the appeals court's ruling and sides with the Trump administration

Global tariffs are maintained and continue to be enforced.

Trump's tariff policy is strengthened, setting a precedent for a U.S. president to use emergency powers to impose similar trade measures in the future.

2️⃣ The Supreme Court upholds the appeals court's ruling

The tariffs are removed, and billions of dollars collected from import duties may have to be refunded. However, specific industry tariffs, such as those on steel and aluminum, will remain as they were not affected by this ruling.

Major economies like the UK, Japan, and South Korea might reconsider their adherence to agreements signed before August.

Ongoing trade negotiations, especially with China, risk falling into a stalemate due to concerns about the consistency of U.S. tariff policy.

The Trump administration will seek other ways to impose tariffs. However, the scope of tariffs under alternative laws might be more limited.

Currently, Mr. Trump is confident he will win the appeal to the Supreme Court, and the White House is continuing trade negotiations despite the unfavorable ruling from the appeals court.

Expert Linda Yueh warns that the uncertainty ahead is causing a slowdown in global trade. Many businesses are delaying shipments, rerouting goods, and being cautious with investments while they wait for clarity.#TrumpFamilyCrypto #TaxFreeCrypto $BTC