Supreme Court Delays Historic Tariff Decision, Leaving Cryptocurrency Markets in Suspense
The U.S. Supreme Court has postponed its highly anticipated ruling on controversial tariffs imposed by former President Donald Trump, a decision with potential Ripple effects across global markets—including cryptocurrencies. Investors had expected clarity by 18:00 today, but the delay prolongs uncertainty, with agencies now eyeing January 12 as the earliest possible announcement window.
Trump's aggressive tariff policies, including rates exceeding 110% on China, generated $600 billion in revenue but sparked legal challenges questioning his authority. Lower courts previously struck down the measures, but the Supreme Court's inaction leaves markets in limbo. Cryptocurrency traders, already navigating volatile macroeconomic currents, face added ambiguity as the ruling could influence risk appetite and capital flows.
