U.S. Supreme Court rules Trump's "Day of Liberation" tariffs unconstitutional — Market turmoil continues

The U.S. Supreme Court has made a significant ruling regarding President Donald Trump’s “Day of Liberation” tariffs. The court determined that these tariffs exceed the authority granted by the International Emergency Economic Powers Act and lack legal justification, invalidating the tariffs. This decision poses a major blow to the Trump administration’s economic policies.

Supreme Court Ruling and Legal Significance

This decision by the highest judicial authority in the U.S. raises constitutional questions about the balance of executive and legislative powers. It was made within the framework of the existing law, the International Emergency Economic Powers Act, and highlights the limits of presidential authority. The ruling could lead to questions about the legality of similar tariffs based on the same grounds and may influence future economic policy decisions.

Immediate Impact on the Cryptocurrency Market

The cryptocurrency market, including Bitcoin, experienced volatility immediately following the court’s announcement. According to NS3.AI market analysis, Bitcoin initially declined but showed signs of recovery afterward. However, political and economic uncertainties continue to dominate the market, with ongoing large-scale sell-offs observed.

New Policy Developments and Future Outlook

In response to the court’s decision, the Trump administration is reportedly considering new tariff policies based on different legal grounds. Rapid political shifts and policy reversals are significantly affecting investor sentiment, increasing uncertainty about market prospects. Particularly regarding the cryptocurrency market and upcoming legislative developments, further political dynamics are expected, and rapid regulatory changes may occur.