The post Bitcoin holds after 10% global tariff, Supreme Court ruling appeared on BitcoinEthereumNews.com.

What Trump’s 10% global tariff means after the ruling Donald Trump said he will impose a 10% global tariff on top of existing duties and argued interest rates should be significantly reduced, as reported by Politico. The announcement followed a supreme court decision that struck down many of his earlier tariffs. The Court found he lacked authority to enact sweeping tariffs under a law intended for national emergencies, according to Al Jazeera. In response, Trump signaled he would proceed via a new executive order to reconfigure the tariff regime. Why the Supreme Court decision matters for tariffs The ruling is a major setback and raises questions about the durability of U.S. trade actions going forward, as reported by the New York Times. Broad, all-country tariffs now face higher legal hurdles, and future measures will likely be tested quickly in court. Legal commentary underscores the vulnerability of a blanket 10% levy. “The proposed 10% global tariff is likely to be struck down quickly,” said Kenneth Katkin, law professor at Northern Kentucky University, in InvestmentNews. BingX: a trusted exchange delivering real advantages for traders at every level. A broad import tax generally raises consumer prices by lifting the landed cost of goods and inputs. The International Monetary Fund warned that sweeping U.S. tariffs could slow global growth to about 2.8% and worsen inflation. JPMorgan economists estimated recession risks could rise significantly, up to roughly 60%, if wide tariffs disrupt supply chains and provoke retaliation. The firm also flagged weaker business sentiment as a transmission channel to slower growth. For households, the Tax Policy Center projected that a 10% global tariff layered with targeted duties would reduce average after-tax incomes by about $1,800 in 2025. The burden would be felt both directly at retail and indirectly via higher business costs. Tariff-driven price pressures…

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Filed under: News - @ February 21, 2026 12:21 am

The post Bitcoin holds after 10% global tariff, Supreme Court ruling appeared on BitcoinEthereumNews.com.

What Trump’s 10% global tariff means after the ruling Donald Trump said he will impose a 10% global tariff on top of existing duties and argued interest rates should be significantly reduced, as reported by Politico. The announcement followed a supreme court decision that struck down many of his earlier tariffs. The Court found he lacked authority to enact sweeping tariffs under a law intended for national emergencies, according to Al Jazeera. In response, Trump signaled he would proceed via a new executive order to reconfigure the tariff regime. Why the Supreme Court decision matters for tariffs The ruling is a major setback and raises questions about the durability of U.S. trade actions going forward, as reported by the New York Times. Broad, all-country tariffs now face higher legal hurdles, and future measures will likely be tested quickly in court. Legal commentary underscores the vulnerability of a blanket 10% levy. “The proposed 10% global tariff is likely to be struck down quickly,” said Kenneth Katkin, law professor at Northern Kentucky University, in InvestmentNews. BingX: a trusted exchange delivering real advantages for traders at every level. A broad import tax generally raises consumer prices by lifting the landed cost of goods and inputs. The International Monetary Fund warned that sweeping U.S. tariffs could slow global growth to about 2.8% and worsen inflation. JPMorgan economists estimated recession risks could rise significantly, up to roughly 60%, if wide tariffs disrupt supply chains and provoke retaliation. The firm also flagged weaker business sentiment as a transmission channel to slower growth. For households, the Tax Policy Center projected that a 10% global tariff layered with targeted duties would reduce average after-tax incomes by about $1,800 in 2025. The burden would be felt both directly at retail and indirectly via higher business costs. Tariff-driven price pressures…

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Filed under: News - @ 12:21 am