🔔The US Supreme Court rejected Trump's right to impose tariffs under the IEEPA.
Therefore, the administration must find another legal basis to continue its tough trade policy. The measure he proposed was to invoke Section 122 of the Trade Act of 1974: Imposing an additional 10% tariff on all imported goods for 150 days (and potentially extended if approved by Congress). 👉Expanded tariffs → trade and supply chain instability → greater economic risk → investors seek gold as a safe haven. Policy uncertainty could also reduce confidence in the USD and trigger capital flows into gold.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🔔The US Supreme Court rejected Trump's right to impose tariffs under the IEEPA.
Therefore, the administration must find another legal basis to continue its tough trade policy.
The measure he proposed was to invoke Section 122 of the Trade Act of 1974: Imposing an additional 10% tariff on all imported goods for 150 days (and potentially extended if approved by Congress).
👉Expanded tariffs → trade and supply chain instability → greater economic risk → investors seek gold as a safe haven.
Policy uncertainty could also reduce confidence in the USD and trigger capital flows into gold.
$XAU
{future}(XAUUSDT)
$XAG
{future}(XAGUSDT)
$BTC
{spot}(BTCUSDT)