Trump Team Prepares Contingency Plans as Supreme Court Tariff Decision Looms
The White House is actively drafting backup strategies as the Supreme Court prepares to rule on the legality of Trump-era tariffs. Traders anticipate a potential rejection of these tariffs, which could trigger bullish momentum across cryptocurrency markets.
Administration officials have explored alternative tariff pathways, though significant legal and implementation hurdles remain. The case hinges on interpretations of the 1977 International Emergency Economic Powers Act, with lower courts having previously ruled against the tariffs' expansive use.
Market observers suggest a Court decision against the tariffs may be interpreted as reducing trade friction, potentially benefiting risk assets like cryptocurrencies. The administration's contingency planning indicates concerns about maintaining trade leverage if the Court strikes down current measures.
