Trump recommends 50% tariff on EU from June 1st.

To me it seems like another move to manipulate world markets by the big boss, given if you look at his history, its just all talk. He'll threaten as a show of power but this drama will go on for a week or two then he'll sign a trade deal with them it happened with China and others and will most probably happen with EU.
But what does it mean for you? It means that market is pricing in the tariff volatility because market does not know what will happen is these tariffs are put and market does not like uncertainty. So whatever you see happening in the near short term that is 4 days to a week or 2 has a very good chance to reverse, if it dips then it will pump even harder.
Personally my plan is to go long, don't follow me I am just giving you my opinion.