Donald Trump announced a sweeping 15% tariff on imported goods Saturday, advancing a tougher trade stance even after the Supreme Court of the United States struck down his earlier tariff measures.
The decision unsettled crypto markets. Bitcoin (BTC) edged lower after Trump said the universal tariff rate would be raised to 15%, effective immediately, up from the 10% level he proposed following the court’s ruling. The justices had determined that his previous tariffs, enacted under the International Emergency Economic Powers Act (IEEPA), exceeded presidential authority.
In a post on Truth Social, Trump criticized the ruling as “anti-American” and confirmed he would move forward with revised trade action.
Bitcoin initially rose about 0.5% on the news but quickly reversed, dropping nearly 1% before stabilizing near $68,000. Ether (ETH) also slipped, declining 0.45% to around $1,980.
The move highlights renewed uncertainty around U.S. trade policy, as Trump pushes ahead with higher tariffs despite the Supreme Court’s decision limiting his earlier actions.
