Trump Team Torches FTC Ruling—Regulators Left Scrambling

Washington’s latest regulatory showdown just got spicy—the former president’s camp is throwing gasoline on the fire.

Subheader: Regulatory Roulette

The administration’s blistering response exposes the growing rift between crypto-friendly policymakers and legacy gatekeepers. No numbers? No problem—the silence speaks volumes.

Subheader: Paper Tigers Roar

Another day, another bureaucratic ruling that’ll collect dust while real innovation (and traders) bypass the red tape entirely. Just don’t ask how much that paperwork cost taxpayers.

Closing jab: Meanwhile, Wall Street banks get another quiet bailout—but sure, let’s focus on ’protecting’ us from decentralized ledgers.

Trump’s administration slams the Federal Trade Court ruling

🚨JUST IN: President Trump has filed an appeal against the ruling that struck down his Liberation Day Tariffs. pic.twitter.com/evOGXvBym1

— DK🇺🇸🦅🇺🇸 (@1Nicdar) May 29, 2025

The decision quashing the levies gave the WHITE House 10 days to complete the bureaucratic process of halting the tariffs. The administration has already appealed the ruling. 

Trump’s administration argues that the judges have no right to assess the President’s actions, which the White House frames as a national emergency. Trump’s spokesman, Kush Desai, noted that the President pledged to put America first, and the administration is committed to using every lever of executive power to address the crisis and restore American greatness.

Desai’s remarks did not mention any legal challenges, although reports indicated that Trump had already filed a notice of appeal on Wednesday. One of the President’s aides, Stephen Miller, took to social media to condemn what he called a judicial coup that he believed was out of control.

The Justice Department has defended Trump’s trade strategy in court, arguing that the judiciary has very limited authority over his actions. The department also condemned the court’s claim that the White House was attempting to take over the power of the other branches of government.

Trump imposed sweeping tariffs on April 2 on most trading partners, adding a baseline of 10% with steeper duties on several economies, including China and the European Union. Global markets plummeted but calmed after he paused the larger tariffs for 90 days to allow for negotiations. The court’s verdict also canceled levies that Trump imposed on Canada, Mexico, and China separately using emergency powers.

The U.S. President acknowledged that Americans will reap the benefits of his “America First” trade posture, pointing to early successes in deals struck with Britain and China. The US Treasury Secretary mentioned on Friday that the lower 10% baseline tariff rate was contingent on countries or trading blocs that negotiated in good faith.

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