#数字资产市场动态 The U.S. court's tariff ruling suspense remains unresolved, causing market turbulence. The Nasdaq drops 1% in response—what's behind this?
On January 14th, the Supreme Court justices are still deliberating. The legality of the "D-Day" tariff policy initiated by Trump last April has yet to be decided. Under this policy, imported goods face tariffs ranging from 10% to 50%. A ruling could be announced as early as Tuesday or Wednesday—markets can’t sit still.
The stock market reacted accordingly: the Nasdaq index fell 1%, the S&P 500 declined 0.6%, and the tech-sensitive semiconductor sector was hit hardest with a 1.1% drop. Consumer stocks also took a hit, with companies like Lululemon and Mattel under pressure.
The key question: can the Trump administration bypass Congress and impose tariffs directly under the 1977 International Emergency Economic Powers Act? The justices showed hesitation during previous court debates. An unfavorable ruling could trigger a rebate wave exceeding $130 billion, which would be a significant blow to the Trump administration, now back in power.
Policy uncertainty often hits the crypto markets hardest. Currently, major cryptocurrencies like $ETH, $BNB, and $SOL are waiting for signals. How will this legal battle unfold? Everyone is watching.
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SmartContractDiver
· 11h ago
Here we go again, the US Justice Department always keeps us in suspense. Our crypto funds are right here waiting to shrink.
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MevHunter
· 11h ago
It's the same old tariff drama again. The crypto world fears this kind of policy uncertainty the most... The judges are dragging their feet, but our wallets can't wait anymore.
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AirdropHunterXM
· 11h ago
Here it comes again. These kinds of policy uncertainties are the most disgusting. The crypto world fears this kind of unpredictability. ETH has plummeted.
#数字资产市场动态 The U.S. court's tariff ruling suspense remains unresolved, causing market turbulence. The Nasdaq drops 1% in response—what's behind this?
On January 14th, the Supreme Court justices are still deliberating. The legality of the "D-Day" tariff policy initiated by Trump last April has yet to be decided. Under this policy, imported goods face tariffs ranging from 10% to 50%. A ruling could be announced as early as Tuesday or Wednesday—markets can’t sit still.
The stock market reacted accordingly: the Nasdaq index fell 1%, the S&P 500 declined 0.6%, and the tech-sensitive semiconductor sector was hit hardest with a 1.1% drop. Consumer stocks also took a hit, with companies like Lululemon and Mattel under pressure.
The key question: can the Trump administration bypass Congress and impose tariffs directly under the 1977 International Emergency Economic Powers Act? The justices showed hesitation during previous court debates. An unfavorable ruling could trigger a rebate wave exceeding $130 billion, which would be a significant blow to the Trump administration, now back in power.
Policy uncertainty often hits the crypto markets hardest. Currently, major cryptocurrencies like $ETH, $BNB, and $SOL are waiting for signals. How will this legal battle unfold? Everyone is watching.