🚨 US Lawmakers Slam Trump Tariffs — “Tax on Americans” 🇺🇸 $BTC $ETH $XRP Criticism is mounting in Washington after President Trump imposed a new 10% global tariff, even after the Supreme Court struck down his authority under IEEPA. Sen. Rand Paul calls it a tax hike on “working families and small businesses.” Rep. Ro Khanna says it bankrolls a “reckless trade war.” Think tanks like Cato warn: Higher tariffs may now become the new normal — hurting growth and foreign relations. ⚖️ Legal Twist Despite the Supreme Court limiting tariff authority under IEEPA, Trump announced: “All national security tariffs remain in place… I will sign an order to impose a 10% global tariff.” However, legal analysts say the statute cited may: • Apply only to deficit countries • Be capped in percentage • Be limited to 150 days More legal battles could follow. 📊 Market Reaction (So Far) Interestingly — crypto didn’t panic. • Bitcoin held near $67K (+3% post-announcement) • Total3 barely moved • Risk assets showed resilience Previous tariff waves triggered volatility — but this round saw muted reaction. 🧠 Why This Matters Tariffs = Higher import costs Higher costs = Pressure on businesses & consumers Pressure = Potential slowdown But markets may be pricing in: • Legal uncertainty • Temporary scope • Political posturing This story isn’t just about trade. It’s about policy stability, legal authority, and market confidence. #BTC #TrumpTariffs #Macro