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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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In a shocking recent development, the U.S. Federal Court officially blocked the new tariff plan announced by former President Donald Trump, known as the "Liberation Day Tariffs."
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This tariff was initially designed as part of Trump's strategy to reduce U.S. dependence on imports from certain countries, particularly China. However, a federal judge stated that the policy violates legal procedures and could potentially harm the domestic economy if implemented unilaterally.
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This decision is a severe blow to Trump's campaign, which is trying to rebuild its political influence ahead of the upcoming elections. Many from the business and political world welcome this court's action as it is seen as preventing potential price volatility and supply chain disruptions.
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For the time being, the official "Liberation Day" rate is suspended and cannot be enforced until there is further legal ruling. #TariffUpdate #TrumpNews #bitcoinanalysic