#Tariffs

🇺🇸 COURT BLOCKS TRUMP'S TARIFFS

📉 #Macroeconomics #GlobalTrade

The U.S. Federal Court has blocked today the tariffs known as "Liberation Day," imposed by President Donald Trump. The court found that the president exceeded his authority by imposing broad tariffs without Congressional approval.

This decision reduces trade tensions and may provide relief for global markets, favoring risk assets like stocks and cryptocurrencies.

Source: Axios