Trump Implements New 10% Global Tariff via Section 122 After Supreme Court Setback and Bitcoin Reaction Watch

On Friday, the US Supreme Court ruled 6-3 that President Trump could not rely on the International Emergency Economic Powers Act to maintain broad import tariffs, leaving around $130 billion in paid duties unresolved. Hours later, Trump invoked Section 122 to introduce a temporary 10% tariff on goods from all countries, while bitcoin held near $68,000 despite previous market sell-offs during earlier tariff moves. Crypto investors are now watching to see whether this new trade action will trigger another sharp downturn similar to those seen in February and April last year.