Crypto Market Plunges as Trump Declares Trade War on EU

TL;DR Donald Trump announced a 50% tariff on all imports from the European Union starting June 1, 2025, triggering an immediate drop in stock markets and cryptocurrency prices. The president also threatened Apple with a 25% tax if it does not move its production to the U. S. Amid the financial panic, cryptocurrencies are pulling back,. . . source: https://crypto-economy.com/crypto-market-plunges-as-trump-declares-trade-war-on-eu/