GunsDev

#TrumpNewTariffs Recent headlines on Binance Square and global news outlets highlight a major legal and economic shift regarding President Trump’s tariff policies as of February 2026. Recent Developments: The 15% Tariff Hike On February 21, 2026, President Trump announced via social media that he is increasing the global tariff rate from 10% to 15%. This move follows a significant legal battle: * Supreme Court Ruling: On February 20, the U.S. Supreme Court struck down the administration's previous broad tariff regime, ruling that the use of the International Emergency Economic Powers Act (IEEPA) for these purposes was unauthorized. * The Pivot: In response, the White House shifted to Section 122 of the Trade Act of 1974, which allows for temporary surcharges (typically capped at 150 days) to address "balance of payments" deficits. * Effective Date: Many of these new measures are set to take effect starting February 24, 2026. Impact on Binance and Crypto Markets Despite the aggressive trade rhetoric, the cryptocurrency market has remained surprisingly resilient. Articles on Binance Square note a "numbing" effect among traders: * Market Resilience: As of February 22, Bitcoin (BTC) has held steady around the $68,000 mark. Historically, tariff announcements triggered sharp sell-offs, but the current market seems focused on the 150-day legal expiration of the new orders. * Dollar vs. Crypto: Some analysts on Binance suggest that if tariffs lead to dollar debasement or higher inflation, Bitcoin may strengthen its position as a "digital gold" hedge. * Altcoin Reaction: Major assets like BNB ($622) and Ethereum ($1,973) have shown minor volatility but have not entered a "panic" phase following the Saturday announcement. Key Articles to Reference (on Binance Square): * "Trump Increases Global Tariff from 10% to 15% after Supreme Court Ruling" * "Trump’s New Tariffs and the Reshaping of American Trade Strategy" * "Bitcoin Activity Holds Up as Tariffs Rise — Is the Market Repricing Risk?"