Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Trending Topics
View More317.17K Popularity
101.48K Popularity
418.4K Popularity
70.04K Popularity
117.46K Popularity
Pin
#TrumpAnnouncesNewTariffs The President of the United States, Donald Trump, announced on Saturday that he will increase the global tariff rate. The new rate will be 15%. The Supreme Court had struck down some parts of the emergency tariff program. Following this, Trump implemented a temporary tariff of 10%. Markets responded positively to the legal decision. However, just one day later, trade tensions escalated again.
The Supreme Court ruled with a 6-3 vote. The International Emergency Economic Powers Act (IEEPA) does not grant the president comprehensive authority to impose tariffs. The decision strengthened Congress’s role in tax and trade policy.
Trump posted on Truth Social, saying: "As President of the United States, I am increasing the worldwide tariff rate by 10%. The new rate will be a fully permitted and legally tested 15%. This will take effect immediately." He added that many countries have been exploiting the U.S. for decades.
The high tariff will take effect immediately. Under current trade law, it can be applied for up to 150 days. However, this move may face legal challenges.
Markets initially responded positively to the Friday decision. Apparel and retail stocks rose. Investors anticipated a reduction in tariff pressure. Analysts said the decision could temporarily ease inflation concerns. Reduced trade uncertainty could support risky assets.
However, experts warned that the optimism might be short-lived. Analysts noted that the White House is exploring alternative legal routes, including Section 122 and Section 301 tariffs. Despite the court’s blockage, policy uncertainty may continue.
Some strategists highlighted unresolved issues regarding tariff refunds. Refunds could exceed $175 billion. This could have broad implications for fiscal policy and market liquidity.
The statement once again underscored the importance of trade tensions. The Supreme Court limited one of the government’s key legal tools. Nevertheless, trade tensions remain a central macro risk for investors. Markets will closely watch new policy moves in the coming weeks.
INVESTMENT ADVICE NOT RECOMMENDED
$BTC $GT $XRP