Trump’s Economic Warnings Stir Market Uncertainty Amid Supreme Court Tariff Decision
President Donald Trump's confrontational stance toward national institutions has escalated financial tensions, with cryptocurrencies facing headwinds from the resulting political volatility. A leaked video showing Federal Reserve Chair Jerome Powell joking about potential imprisonment for resisting interest rate cuts underscores the administration's pressure on monetary policy.
The looming Supreme Court decision on tariff nullification—expected by 03:00 Turkish time Wednesday—has drawn stark warnings from Trump. He framed the ruling as an existential threat, predicting "catastrophic" costs exceeding hundreds of billions in direct impacts, with trillions at stake when accounting for retaliatory claims from affected corporations and nations.
Market participants are bracing for Ripple effects across asset classes. The cryptocurrency sector, already sensitive to macroeconomic instability, may face amplified volatility as traders weigh the implications of a destabilizing tariff reversal. Trump's rhetoric leaves little room for compromise—his characterization of opposing views as either naive or disingenuous signals continued turbulence ahead.
