$$XRP
A U.S. federal court has struck down former President Donald Trump's "Liberation Day" tariffs, ruling that he exceeded his authority under the International Emergency Economic Powers Act (IEEPA). The court's decision permanently blocks the sweeping tariffs, which included a 10% base tariff on all imports and up to 145% on goods from China and the EU .
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✅ What This Means:
Tariffs Permanently Canceled: The court's ruling invalidates the proposed tariffs, preventing their implementation.
Small Businesses & States Win: The decision is seen as a victory for small businesses and states that were poised to be adversely affected by the tariffs.
Market Rally: U.S. stock futures surged in response to the news, with the S&P 500 futures rising over 1% .
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📊 Market Impact:
The court's decision has led to a significant rebound in global markets, easing concerns over trade tensions and boosting investor confidence.
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🔥 Crypto Market Outlook:
The easing of trade tensions and the positive market sentiment could provide a favorable environment for cryptocurrencies. Investors
