Eleven U.S. states have filed a lawsuit against the Trump administration's tariffs, aiming to declare the policy illegal. This legal action highlights a coordinated effort across states challenging federal trade directives, affecting both interstate and international commerce.
The states involved include New York, California, and others. Governor Gavin Newsom has labeled the tariff powers as 'illegal.'
While U.S. equity futures have shown positivity amidst trade policy expectations, cryptocurrency markets remain largely unaffected, reacting to broader macroeconomic signals instead.
Full story here: https://coincu.com/333957-states-challenge-trump-tariffs