US Supreme Court postpones decision on Trump's global tariffs.

• Supreme Court assesses Trump's powers over global tariffs.
• US tariffs impact trade and financial markets.
• Legal uncertainty influences risk assets and cryptocurrencies.

The broader tariffs adopted by the current President of the United States, Donald Trump, at the center of a historic test of the limits of presidential power, the U.S. Supreme Court had its first opportunity on Friday to formally rule on the legality of global tariffs imposed on trading partners, but chose not to release any decision or public signal.

The lack of a ruling has frustrated expectations built up over the week, following speculation about a possible verdict. To date, there is no clear indication of when the Supreme Court might rule on the case, which is being closely watched by companies, institutional investors, and also the cryptocurrency market, which is sensitive to changes in the macroeconomic environment.

The process gained additional relevance because large companies, such as the retail chain Costco, filed lawsuits against the US government. The goal is to obtain reimbursement of the tariffs paid should the court find that Trump exceeded his authority in imposing the import taxes.

The arguments were presented to the court in early November. During the hearings, judges from both the conservative and liberal blocs expressed skepticism about the legal mechanism used. The tariffs were imposed based on a 1977 law aimed at national emergency situations, an interpretation that raised questions about its application to large-scale international trade.

The Trump administration has already appealed to the Supreme Court in similar disputes last year. In recent weeks, the president himself has again publicly expressed concern about the case, stating that a potential loss of the ability to impose tariffs would represent a "terrible blow" to the United States.

"Thanks to the tariffs, our country is financially, and from a national security standpoint, much stronger and more respected than ever before," Trump said in another post on Monday.

US Treasury Secretary Scott Bessent also commented on the issue in an interview, stating that a decision against the tariffs would be "a loss for the American people." According to him, the government has legal alternatives should the Supreme Court limit the use of current legislation.

During the same period in which the topic gained prominence among global investors, the cryptocurrency market showed a positive reaction. Bitcoin advanced to... US$ 91.500 with increase of 1,5% in the last 24 hours, reflecting the market's interpretation of the macroeconomic environment.