#TrumpTariffs $USDP $USDC $BTC
: As of May 23, 2025, former President Donald Trump has announced significant new tariffs, escalating trade tensions with the European Union and Apple Inc.:
๐ช๐บ 50% Tariff on EU Imports
President Trump declared a 50% tariff on all European Union (EU) imports, effective June 1. He cited stalled trade negotiations and accused the EU of exploiting the U.S. market. Trump stated that these tariffs could be avoided if EU firms relocate their operations to the U.S. [1]
๐ฑ 25% Tariff on Apple Products
These all impact on negative to crypto market.
Spf100 down by 1%
German DX down
Nesdaq down
#MarketPullback did you think