Donald Trump, reacting to the Supreme Court decision that limited his tariff authority, said in a sharply worded statement that the court had unintentionally given him more power as president. He said he can now use licenses to take action against countries that, in his view, have taken advantage of the United States. Trump also expressed concern about the court’s upcoming ruling on birthright citizenship and warned that if the outcome is not in his favor, it will benefit China and other countries.

Goldman Sachs economists, referring to the Supreme Court’s cancellation of the IEEPA tariffs, expect the inflationary effects of tariffs to decline. According to the bank’s estimate, tariffs imposed since April have added 0.7 percent to core inflation, PCE, but the pace of transmission has slowed. Goldman Sachs emphasized that only another 0.1 percent will be added to underlying inflation from this point, describing the final impact on consumer prices as minor.

Investment bank UBS, in its latest forecast, raised its gold price target for the first half of 2026 to 6200 dollars per ounce. The bank’s analysts cite geopolitical tensions, especially in the Middle East, continued Federal Reserve rate cuts, and record central bank demand of 5000 tons as the main drivers of this increase. They also warned that by 2028 about 80 major mines worldwide will face resource depletion, a supply constraint that, alongside rising demand, will become the next engine for prices.

Bitcoin is on the verge of recording its worst monthly performance since June 2022, the month of the cryptocurrency ecosystem crash. The digital asset, down 19 percent in February, is heading toward its fifth consecutive monthly decline, the longest losing streak since 2018. The main reason for the drop is the negative sentiment dominating global markets after Trump announced a plan to increase global tariffs, pushing investors toward traditional safe haven assets. Bitcoin is now close to breaking the key 60000 dollar support level.