Bitcoin Faces New Uncertainty As Court Blocks Trump’s $10 Billion Tariffs | US Crypto News

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Grab a coffee to read about recent developments regarding US President Donald Trump’s proposed tariff policies after a federal court judge ruled them unconstitutional. What does this mean for Bitcoin (BTC) and crypto?

Crypto News of the Day: Federal Court Strikes Down Trump’s “Liberation Day” Tariffs

A federal court has dealt a major blow to President Donald Trump’s aggressive trade agenda by striking down his widely publicized “Liberation Day” tariffs, ruling the executive action unconstitutional. 

The US District Court for the District of Columbia sided with a coalition of businesses, trade groups, and international allies who argued the tariffs violated the Constitution’s separation of powers.

Trump announced the tariffs earlier this year as a core pillar of his economic strategy. The tariffs targeted imports from China, Mexico, and Canada, slapping levies on key goods like automobiles, electronics, and agricultural products. 

Trump had framed the policy as a move to “free America from foreign economic dependence.” However, the court disagreed with the legality of bypassing Congress.