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Trump’s legal loophole around the Supreme Court is keeping inflation alive – and trapping Bitcoin in the Fed’s crosshairs

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FOMOGRAM Editorial Desk
Aug 2, 2026
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Trump’s legal loophole around the Supreme Court is keeping inflation alive – and trapping Bitcoin in the Fed’s crosshairs
EXECUTIVE SUMMARY

The Supreme Court gave Donald Trump a pretty direct answer in February: the emergency law he had used to tax imports from nearly everywhere didn't give him the authority to impose tariffs. However, Washington didn't see that as a locked door and treated it more like a disappointing result from a key-cutting machine. The administration […]

The Supreme Court gave Donald Trump a pretty direct answer in February: the emergency law he had used to tax imports from nearly everywhere didn't give him the authority to impose tariffs. However, Washington didn't see that as a locked door and treated it more like a disappointing result from a key-cutting machine. The administration […]

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