Supreme Court is set to rule on constitutionality of Trump tariffs – but not their wisdom The future of many of Donald Trump’s tariffs are up in the air, with the Supreme Court expected to hand down a ruling on the administration’s global trade barriers any day now. $ETH But the question of whether a policy is legal or constitutional – which the justices are entertaining now – isn’t the same as whether it’s wise. And as a trade economist, I worry that Trump’s tariffs also pose a threat to “economic democracy” – that is, the process of decision-making that incorporates the viewpoints of everyone affected by the decision.
Founders and economic democracy In many ways, the U.S. founders were supporters of economic democracy. That’s why, in the U.S. Constitution, they gave tariff- and tax-making powers exclusively to Congress. #WriteToEarnUpgrade #BinanceHODLerBREV And for good reason. Taxes can often represent a flash point between a government and its people. Therefore, it was deemed necessary to give this responsibility to the branch most closely tied to rule of, and by, the governed: an elected Congress. Through this arrangement, the legitimacy of tariffs and taxes would be based on voters’ approval – if the people weren’t happy, they could act through the ballot box. $BTC $BNB
$ICP Bullish Setup ICP is holding strong after the recent breakout and continues to form higher highs. Buying pressure remains active, and the structure stays bullish above key support. A continuation move is likely if price holds current levels. Trade Setup (Long): Entry: 3.60 – 3.70 Targets: 3.85 → 4.10 Stop-Loss: 3.35
I have conducted a detailed analysis of Bitcoin... According to my analysis... $BTC Macro pullback, the next round of historical highs is about to arrive
The weekly structure shows a healthy pullback after breaking through the historical high, with prices reacting within the main demand area.
As long as this high-low structure remains valid, Bitcoin is still expected to continue challenging new historical highs. Entry area: 85,000 – 90,000 Bullish breakout point: 82,000 Target price: 105,000 → 120,000 → 137,000 Stop loss: 75,500