The Supreme Court ruled 6-3 against the Trump administration Friday morning, determining that the president exceeded his authority in imposing reciprocal tariffsThe Supreme Court ruled 6-3 against the Trump administration Friday morning, determining that the president exceeded his authority in imposing reciprocal tariffs

United States braces for impact after Trump’s tariffs ruled unlawful by Supreme Court

2026/02/21 03:52
1 min read

The Supreme Court ruled 6-3 against the Trump administration Friday morning, determining that the president exceeded his authority in imposing reciprocal tariffs. The decision is expected to send shockwaves globally and has already infuriated Trump. The president had grown increasingly panicked ahead of the ruling, lashing out at justices and warning of a potential $2 trillion "catastrophe" if his tariffs were struck down. He also cautioned that the United States could be "reduced to almost Third World status" if the tariffs were overruled. Americans are bracing for potential economic impact, with concerns that the government may need to refund tariffs already collected. Social media users expressed alarm about additional taxes charged to consumers — with some demanding refunds.

Watch the video below.

Your browser does not support the video tag.

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$3.568
$3.568$3.568
0.00%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Quantum Leap: Preparing for the Next Era of Computational Power

The Quantum Leap: Preparing for the Next Era of Computational Power

While Artificial Intelligence dominated the headlines of the early 2020s, a more fundamental revolution was brewing in the world of Technology: Quantum Computing
Share
Techbullion2026/02/21 05:48
3 Paradoxes of Altcoin Season in September

3 Paradoxes of Altcoin Season in September

The post 3 Paradoxes of Altcoin Season in September appeared on BitcoinEthereumNews.com. Analyses and data indicate that the crypto market is experiencing its most active altcoin season since early 2025, with many altcoins outperforming Bitcoin. However, behind this excitement lies a paradox. Most retail investors remain uneasy as their portfolios show little to no profit. This article outlines the main reasons behind this situation. Altcoin Market Cap Rises but Dominance Shrinks Sponsored TradingView data shows that the TOTAL3 market cap (excluding BTC and ETH) reached a new high of over $1.1 trillion in September. Yet the share of OTHERS (excluding the top 10) has declined since 2022, now standing at just 8%. OTHERS Dominance And TOTAL3 Capitalization. Source: TradingView. In past cycles, such as 2017 and 2021, TOTAL3 and OTHERS.D rose together. That trend reflected capital flowing not only into large-cap altcoins but also into mid-cap and low-cap ones. The current divergence shows that capital is concentrated in stablecoins and a handful of top-10 altcoins such as SOL, XRP, BNB, DOG, HYPE, and LINK. Smaller altcoins receive far less liquidity, making it hard for their prices to return to levels where investors previously bought. This creates a situation where only a few win while most face losses. Retail investors also tend to diversify across many coins instead of adding size to top altcoins. That explains why many portfolios remain stagnant despite a broader market rally. Sponsored “Position sizing is everything. Many people hold 25–30 tokens at once. A 100x on a token that makes up only 1% of your portfolio won’t meaningfully change your life. It’s better to make a few high-conviction bets than to overdiversify,” analyst The DeFi Investor said. Altcoin Index Surges but Investor Sentiment Remains Cautious The Altcoin Season Index from Blockchain Center now stands at 80 points. This indicates that over 80% of the top 50 altcoins outperformed…
Share
BitcoinEthereumNews2025/09/18 01:43
Altcoins Surge as Cryptos Surpass Initial Obstacles

Altcoins Surge as Cryptos Surpass Initial Obstacles

The post Altcoins Surge as Cryptos Surpass Initial Obstacles appeared on BitcoinEthereumNews.com. // Price Reading time: 5 min Published: Feb 20, 2026 at 20:56
Share
BitcoinEthereumNews2026/02/21 06:21