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❌🇺🇸 CNBC: US Supreme Court questions legality of Donald Trump's tariffs.
At 6:00 PM Moscow time, the Supreme Court began hearings on the legality of Donald Trump's tariffs against most countries.
Justices (both conservative and liberal) expressed skepticism – tariffs are effectively taxes, and Trump may have overstepped his authority.
The Treasury Department will have to return $750,000,000,000 (❗️) if the court finds the tariffs illegal.
If the tariffs remain in place, they will generate $3,000,000,000,000 in revenue for the US economy by 2035 (according to CNBC estimates).
Earlier, Donald Trump called the lawsuit "a matter of life and death for the country," claiming the tariffs protect the US economy and security
❌🇺🇸 CNBC: US Supreme Court questions legality of Donald Trump's tariffs.
At 6:00 PM Moscow time, the Supreme Court began hearings on the legality of Donald Trump's tariffs against most countries.
Justices (both conservative and liberal) expressed skepticism – tariffs are effectively taxes, and Trump may have overstepped his authority.
The Treasury Department will have to return $750,000,000,000 (❗️) if the court finds the tariffs illegal.
If the tariffs remain in place, they will generate $3,000,000,000,000 in revenue for the US economy by 2035 (according to CNBC estimates).
Earlier, Donald Trump called the lawsuit "a matter of life and death for the country," claiming the tariffs protect the US economy and security
**Effects of #TradeWarEases: A pleasant buzz in the crypto market! 🚀
Effects of #TradeWarEases: A pleasant buzz in the crypto market! 🚀
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### 🌍 Decrease in global trade tensions
Signals of easing in the tariff war between the US and China have created a wave of hope in global markets including crypto.
Bitcoin touched the $69K level, while Ethereum approached $3,800.
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### 📈 Positive impacts on crypto
---
### 🌍 Decrease in global trade tensions
Signals of easing in the tariff war between the US and China have created a wave of hope in global markets including crypto.
Bitcoin touched the $69K level, while Ethereum approached $3,800.
---
### 📈 Positive impacts on crypto
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