Trump Imposes 10% Global Tariff Under Section 122 After Supreme Court Blocks IEEPA Duties; Bitcoin Trades Near $68,000

President Trump announced a temporary 10% tariff on imports from all countries under Section 122 on Friday, after the US Supreme Court ruled he could not use the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs, CryptoPotato reports. Section 122 permits tariffs of up to 15% for 150 days before Congress must act, while the court's 6-3 decision did not address how roughly $130 billion collected under the blocked tariffs will be refunded. Bitcoin is currently trading around $68,000 with relative stability, though traders noted it also appeared steady before dropping once broader financial markets opened during previous Trump tariff episodes.