Markets Tumble After Trump Threatens a 50% Tariff on the EU Starting June 1 🚨
Dow drops 480 pts, S&P 500 slips 1%, Nasdaq down 1.2%. $BTC dips below $108K after hitting a new ATH this week.
🇺🇸 Trump’s trade team is pressing the #EU to slash tariffs on US goods
Without concessions, a 20% “reciprocal” tariff hike could kick in after July 8
Key sectors at risk: steel, semiconductors, and pharmaceuticals
