Trump Warns of ‘Defenseless’ U.S. Without Tariffs Ahead of Supreme Court Case
President TRUMP has cautioned that the U.S. would be "defenseless" without tariffs, as the Supreme Court prepares to rule on the legality of his administration's trade policies. The decision, expected Wednesday, could reshape U.S. trade dynamics and presidential authority.
Trump emphasized the role of tariffs in maintaining economic competitiveness, citing stock market gains and controlled inflation during his tenure. A reversal, he argued, risks reducing the U.S. to "almost Third World status" and could trigger billions in tariff refunds.
The case hinges on the 1977 International Emergency Economic Powers Act, with implications for future executive trade actions. Markets remain attuned to the outcome, though no direct cryptocurrency or exchange linkages emerge from the political discourse.