List of Flash News about Trump tariffs invalid
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2025-05-28 23:11 |
U.S. Court of International Trade Rules Trump Tariffs Invalid: Key Takeaways for Crypto Traders
According to Stock Talk (@stocktalkweekly), the U.S. Court of International Trade has ruled that President Trump's tariffs are invalid under the International Emergency Economic Powers Act (IEEPA), stating the president lacks the authority to unilaterally impose tariffs. This decision reduces policy-related uncertainty in global trade, potentially supporting risk-on assets such as Bitcoin and other cryptocurrencies, which often benefit from increased investor confidence during periods of regulatory clarity. Traders should monitor for shifts in dollar strength and global equity markets, as reduced trade tensions may lead to short-term bullish momentum in the crypto sector. (Source: Stock Talk, May 28, 2025) |