Trump Suggests Tariffs Could Replace Income Tax; Supreme Court to Hear Case — What It Means for Bitcoin
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
COINOTAG reported on September 4 that President Trump indicated a policy preference for greater reliance on tariffs within federal tax policy, suggesting they could supplant elements of the traditional income tax revenue base; he characterized tariffs as “crucial” to U.S. economic prospects, per the coverage. Golden Finance further reports the Supreme Court is scheduled to hear an international tariff case, a judicial development closely watched by markets. Financial professionals note these statements are relevant to fiscal planning and the regulatory backdrop for risk assets, and will be monitored by investors — including participants in the crypto sector — for any consequential macroeconomic or policy shifts.
