A federal court ruled against former President Trump’s emergency tariffs, declaring them unlawful. Trump plans to appeal the decision, citing concerns for national security and economic stability. While uncertainty lingers in markets due to potential tariff policy changes, cryptocurrency markets have not experienced any direct impacts. The ruling has been met with mixed reactions, particularly from financial analysts who view it as a significant legal challenge to Trump’s trade strategy. The courts deemed Trump’s use of emergency powers lacked legal basis, leading to market uncertainty regarding future tariffs. This decision could significantly alter global trade dynamics and impact political relationships if not resolved swiftly.