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SCOTUS RULING IMMINENT: TRUMP TARIFFS & THE $600B QUESTION
Tomorrow, Jan 15, the US Supreme Court could reshape the global economy. A ruling on the legality of President Trump’s sweeping tariffs (based on IEEPA powers) is expected.
The Stakes:
If Trump Loses (76% odds on Polymarket): The US Gov might have to refund up to $600 Billion to importers. Trump warned this would cause "total chaos."
Market Impact: A massive budget hole weakens the USD. Historically, Weak USD = Bullish Bitcoin.
Plan B: Trump is expected to pivot to "Section 301" authority immediately if ruled against.
What to watch:
Volatility will spike around 10:00 AM ET tomorrow. If the tariffs are struck down, expect a knee-jerk reaction in DXY (down) and BTC (up), followed by uncertainty regarding the refund liquidity crunch.
#Bitcoin #Trump #Economy #SCOTUS #Volatilitiy
Tomorrow, Jan 15, the US Supreme Court could reshape the global economy. A ruling on the legality of President Trump’s sweeping tariffs (based on IEEPA powers) is expected.
The Stakes:
If Trump Loses (76% odds on Polymarket): The US Gov might have to refund up to $600 Billion to importers. Trump warned this would cause "total chaos."
Market Impact: A massive budget hole weakens the USD. Historically, Weak USD = Bullish Bitcoin.
Plan B: Trump is expected to pivot to "Section 301" authority immediately if ruled against.
What to watch:
Volatility will spike around 10:00 AM ET tomorrow. If the tariffs are struck down, expect a knee-jerk reaction in DXY (down) and BTC (up), followed by uncertainty regarding the refund liquidity crunch.
#Bitcoin #Trump #Economy #SCOTUS #Volatilitiy
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