#TrumpTariffs
๐จ TRUMP: RECOMMENDING A 50% TARIFF ON THE EUROPEAN UNION ๐บ๐ธ๐ช๐บ
A massive move that could shake up global trade!
Markets may react sharply โ expect volatility across forex, equities, and even crypto as macro sentiment shifts.
Stay alert and manage risk accordingly.
President Donald Trump said on Friday that he is recommending a straight 50% tariff on goods from the European Union starting on June 1, saying the EU has been hard to deal with on trade.
"The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with," Trump said on Truth Social. "Our discussions with them are going nowhere!"