List of Flash News about Trump tariffs news
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2025-06-01 18:03 |
Trump Warns of Economic Ruination if Courts Overturn US Tariffs: Crypto Market Impact Analysis
According to The Kobeissi Letter, former President Donald Trump stated that if the courts rule against US tariffs, it could allow other countries to hold the nation hostage, leading to 'economic ruination' for the US (source: The Kobeissi Letter, June 1, 2025). For crypto traders, heightened uncertainty around US trade policy may increase market volatility and prompt capital inflows into Bitcoin and other digital assets as alternative hedges against macroeconomic risk. This development could also influence stablecoin demand and cross-border transaction volumes as investors seek to mitigate exposure to USD fluctuations. |