Supreme Court nukes Trump tariffs — up to $175B in refunds could hit Bitcoin market next
The Supreme Court’s Feb. 20 resolution placing down President Donald Trump’s IEEPA-based tariff program as unlawful creates an enormous fiscal overhang that could operate as an unintended liquidity injection. The Court dominated 6-3 that the International Emergency Economic Powers Act doesn’t authorize the President to impose tariffs, invalidating a program that collected a minimum of…
