Bitcoin Price Reacts as US Supreme Court Strikes Down Trump Tariffs

After a few delays, the United States Supreme Court finally announced its ruling on the highly debated Trump-tariff case. Unfortunately for the US President, the Court ruled them illegal, rejecting their usage of emergency powers to impose trade duties.

As reported by Walter Bloomberg, the import tariffs from countries like Canada, China, Mexico, and the EU were projected to raise $1.5 trillion over the next decade.