The post Trump Warns of Economic Destruction Over Tariffs Amid Court Ruling on ‘Liberation Day’ appeared on BitcoinEthereumNews.com.

The recent statements made by former President Trump regarding tariffs highlight ongoing concerns in the financial sector. He warned that any unfavorable court ruling could provoke retaliatory measures from other nations, potentially destabilizing the **U.S. economy**. This assertion raises alarms among investors about the implications of trade tensions and their effects on market stability. In a related development, the **United States International Trade Commission** (USITC) has recently blocked Trump’s proposed “Liberation Day” tariffs, citing that their implementation exceeds presidential authority. This ruling underscores the complexities of U.S. trade policy and the legal limitations faced by the executive branch. The Trump administration’s appeal to the appellate court reveals their intention to challenge this decision vigorously, asserting that the USITC’s actions are **politically motivated** and urging the Supreme Court to reverse the ruling. As the situation unfolds, stakeholders in the financial markets are closely monitoring these developments for potential impacts on **global trade relations**. Source: https://en.coinotag.com/breakingnews/trump-warns-of-economic-destruction-over-tariffs-amid-court-ruling-on-liberation-day/

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Filed under: News - @ June 2, 2025 12:09 am