uscourts

The US Appeals Court has put a pause on the ruling regarding the illegality of Trump's 10% tariffs, allowing the White House to continue collecting taxes until the end of July, when the directive under Section 122 expires. While the administration tries to save face, inflation in the US has already jumped to 3.8%, and consumers are starting to foot the bill for this 'banquet' with price increases in electronics and clothing ranging from 0.6% to 0.8%. For the markets and BTC, this is a factor of prolonged uncertainty: fiscal chaos and trade wars keep the dollar on edge, depriving risk assets of a clear reason to pump.

​#TrumpTariffs #TradeWar #Inflation #USCourts #Economy