Trump Tariffs in Effect or Not? Appeals Court Ruling Sparks Chaos

CN
13 hours ago

Appeals Court Trump Tariffs Ruling: How Will This Impact Crypto Market

The Appeals court ruling on Trump tariffs has created a storm across global markets. The judges ruled that President “exceeded his authority” by imposing broad trade barriers. This major headline came just 30 minutes after U.S. futures closed ahead of the Labor Day weekend, leaving traders with three long days of uncertainty.

Trump Tariff news

Source: The Kobeissi Letter

For now, the Court Trump tariffs decision allows duties to stay in place while the case moves forward. But this ruling could head straight to the Supreme Court battle, setting up another historic legal fight.

Donald Retaliates: Declares “All Tariffs Are Still in Full Effect”

Within hours of the announcement, the President released a fiery statement rejecting the court’s findings. In his words, “ALL TARIFFS ARE STILL IN EFFECT! The Appeals Court incorrectly said our tariffs should be removed, but America will win in the end.”

Trump Tariff effect

Source: Truth Social

This strong response turned into breaking news, as the President argued that this move will protect U.S. farmers, workers, and manufacturers. Supporters like Mark Levin also said the majority judges were wrong, pointing to Article II powers that give presidents wide foreign policy authority.

At the same time, critics like Peter Schiff welcomed the decision , noting that if it fall, importers could even receive refunds. This, he argued, would reduce costs and ironically support the economy.

Tariff Confusion: Are Trump’s Global Tariffs Effective or Struck Down?

Confusion now surrounds whether the duties are still active or about to collapse.

  • The Appeals court Trump tariff decision ruled them illegal.

  • Donald insists all tariffs remain in place.

  • The administration is preparing to challenge the decision in the Supreme quarter.

Amid this chaos, another mystery is growing: Where is Donald Trump? Rumors are spreading that he has not been seen publicly for three days due to health concerns. On social media, traders are even chanting “Trump is dead,” though there is no official confirmation.

This mix of legal uncertainty, political drama, and personal rumors is adding extra pressure to markets already on edge.

Crypto Impact: Will Trump’s Tariff Dispute Hurt or Boost Digital Assets?

The shockwaves quickly reached the digital asset market. Traders immediately began asking: why crypto is down today?

In the last 24 hours, the global crypto market fell 2.86% to $3.77 trillion, marking a steep crypto crash:

crypto market crash

Source: CoinMarketCap

  • Bitcoin crash: Down 2.76%, trading at $108,312 with a $2.15T market cap.

  • Ethereum crash : Down 2.14%, at $4,374.13 with a $528B market cap.

Major political or legal concerns always come with a flight to safety in the investor community. The tariff conflict serves as one of the latest examples. While many take grounds for a safe flight as temporary, others view the collapse as a possible economic uncertainty risk.

Why is crypto falling as of now? It correlates with the falling growth as a result of tariffs, the health rumors, and the unexpectedly timed ruling.

Summary

In addition to expanding the legal and political sides of the story, the Appeals court ruling has cascaded into the digital asset space market. Along with the Trump death rumors, the trade policy staredown, and the threatening Supreme Court confrontation, the lack of certainty has appeared to be the dominant trend. For crypto investors, this event is a reminder that global politics can move digital assets just as fast as traditional markets.

Disclaimer: This is for educational purposes only. Always do your own research before any crypto investment.

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