{"content":"#trump 🔴 The U.S. Supreme Court Questions the Legality of Trump's Tariffs 🇺🇸👩‍⚖️ In a constitutional case that could reshape U.S. trade policy, the Supreme Court discussed whether President Trump exceeded Congress's authority when imposing tariffs based on the National Emergencies Act of 1977. 📌 Key Points: • Conservative and liberal justices raised questions about the constitutionality of the tariffs. • The court is sharply divided (6 conservatives vs. 3 liberals). • Affected companies and 12 Democratic states filed lawsuits against the decision. • The tariffs could add trillions of dollars to the U.S. economy over the next decade. • The case represents a pivotal test between Congress's authority in trade legislation and the president's authority in foreign policy. 📊 Potential Impact on Markets: • Revocation of tariffs: Supports risk appetite, boosts global stocks, pressures the dollar, and may limit demand for gold. • Maintaining tariffs: Keeps trade tensions high, pressures stocks and the dollar due to growth concerns, and supports gold and safe havens.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/06/3ae1962cf4834e4aab97af5d9a5c713a.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}