What is the deeper meaning behind Trump's display of economic achievements to the Supreme Court?

According to the latest news, Trump has called out to the U.S. Supreme Court, urging it to first consider the “unprecedented” achievements of the U.S. economy before making the “most important rulings.” This statement has attracted attention not only because it involves major cases before the Supreme Court but also because it reflects the increasingly complex political relationship between the Trump administration, the judiciary, and the Federal Reserve. In the context of rising political uncertainty in the United States, this remark has also impacted financial markets.

Trump’s Economic “Report Card”

In his speech, Trump emphasized three sets of economic data:

• The U.S. trade deficit has fallen to its lowest level since 2009 and continues to decline
• GDP growth is expected to exceed 5%
• This growth rate is calculated after deducting at least 1.5% loss caused by the Democratic “shutdown”

Trump directly attributed these achievements to his tariff policies, claiming they “saved the U.S. economy and national security.” However, it is important to note that these data and conclusions are based on Trump’s statements, and the causal relationship (direct link between tariff policies and economic achievements) remains subject to academic and policy debate.

Why Speak Out Now?

From a timing perspective, this is not mere economic propaganda. According to relevant sources, the Trump administration is currently engaged in intense political confrontation with Federal Reserve Chair Jerome Powell. The Department of Justice has launched an investigation into Powell, Trump is exerting pressure on the Fed’s interest rate policies, and there are considerations to replace the Fed Chair. Against this backdrop, Trump emphasizing economic achievements before the Supreme Court is essentially defending his policies while also indirectly pressuring the Court to consider the current “economic success” when making major rulings involving him.

Interpretation of Political Intent

This statement reflects several layers of issues:

First, Trump is reinforcing his political narrative. By highlighting economic data, he attempts to establish an image: regardless of political opponents’ opposition, economic achievements are proof of his policies.

Second, it is an indirect pressure on the Supreme Court. Trump explicitly mentioned that the Court is about to make the “most important rulings,” implying that the Court should make decisions favorable to him in these economic contexts. Such an approach is quite rare in U.S. politics and touches on sensitive issues of judicial independence.

Third, it extends the conflict with the Federal Reserve. Trump, on one hand, criticizes Fed Chair Powell; on the other hand, he showcases economic achievements, creating a narrative contrast: my policies are effective, and the Fed’s opposition is mistaken.

Market Reactions

According to relevant reports, the conflict between Trump and the Fed has already begun to influence financial markets. Bitcoin briefly dropped to around $90,000 following the news release, then rebounded to $91,000. Analysts note that markets view such events as “background noise,” but political uncertainty is shaking investor confidence. Traditional safe-haven assets like gold have also appreciated, reflecting market concerns over U.S. political stability.

Implications for the Crypto Market

The confrontation between Federal Reserve policies and Trump’s policies directly impacts the crypto market. The Fed’s interest rate decisions influence dollar liquidity, which in turn affects the performance of crypto assets. Trump’s pressure on the Fed and his calls to the Supreme Court increase policy uncertainty, which typically boosts demand for safe-haven assets. Bitcoin’s status as “digital gold” is being tested in this context, but market reactions remain relatively stable, indicating that traders have some psychological preparedness for such political events.

Summary

Trump’s call to the Supreme Court to showcase economic achievements appears on the surface to defend his policies, but in reality, it is a multi-layered political game. On one hand, he seeks to reinforce the legitimacy of his economic policies; on the other hand, he is applying pressure on the Supreme Court, hoping it will consider these economic backgrounds when making major rulings. This reflects the highly confrontational and uncertain nature of current U.S. politics. For markets, such events may trigger short-term volatility, but the deeper impact lies in concerns over political stability, which could continue to elevate demand for safe-haven assets. Investors should closely monitor subsequent Supreme Court rulings and the progress of Trump’s conflicts with the Federal Reserve.