TechFlow news, May 29 — According to Jinshi Data, Kyle Rodda, senior financial market analyst at Capital.com in Melbourne, commented on the suspension of Trump's tariffs: This is major news. There has long been an argument that the emergency powers Trump used to impose tariffs are unconstitutional, as the authority to set tariffs belongs to Congress. This ruling triggers a legal battle that could now end up in the Supreme Court. This creates a dangerous situation, as the government might ignore the court’s decision, potentially placing greater strain on U.S. institutions when pressures mount. However, the courts could delay and ultimately overturn these tariffs, removing a significant risk. Markets will likely welcome this outcome, undoubtedly boosting risk appetite.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
