Trump's second term tariff strategy is shaping up to be way more intricate than most people realize. Unlike the straightforward approach of his first term, the current administration is layering multiple tariff mechanisms, targeting specific sectors, and calibrating rates dynamically based on trade responses.

What's interesting from a market perspective? The Supreme Court's involvement. Legal experts are already mapping out potential constitutional challenges, which could substantially alter or roll back these policies. This creates significant uncertainty for markets dependent on trade flows and supply chain stability.

For crypto and blockchain projects with international operations or those exposed to traditional finance, these macro shifts matter. Tariff escalation could redirect capital flows, influence inflation expectations, and reshape institutional positioning across asset classes. The Supreme Court's eventual ruling could swing the needle either way — tightening restrictions or loosening them.

Keep an eye on how this plays out. Policy reversals at the highest court level have historically triggered sharp market repricing.