The American business and political circles have joined forces to launch a legal challenge against Trump's tariff powers, which may reshape the global asset landscape.

On November 4, U.S. business leaders, congressional members, and former government officials jointly appealed to the Supreme Court, requesting a limitation on President Trump's authority to impose emergency tariffs. Groups, including the U.S. Chamber of Commerce and several former national security officials, submitted nearly 40 legal opinions opposing Trump’s expansion of power under the guise of the trade war.

Trump described this case as "one of the most important cases in American history," emphasizing that limiting tariff authority could jeopardize national security. The U.S. Chamber of Commerce warned that trade barriers have harmed business investment and consumer confidence, dragging down economic growth.

If Trump's tariff powers are restricted, the U.S. foreign trade pattern and global risk asset pricing will be reshaped, the dollar may face short-term pressure, and the liquidity environment in the crypto market may improve as a result, which would be beneficial for $BTC , but increased market volatility will still be the main theme. #美国加征关税 #中美达成经贸共识