🚨 Trump’s Tariffs Called “Pure Madness” by Former Italian PM 🚨

📍 CryptoPulsee | Global Macro Lens | April 4, 2025

🇺🇸🛑 Rising Tensions: Europe Pushes Back on U.S. Tariffs

In a strong response to U.S. trade policy, former Italian Prime Minister Enrico Letta has criticized President Trump’s sweeping tariffs as “pure madness.”

🗣️ Speaking to CNBC at the Ambrosetti Forum on the shores of Lake Como, Letta warned:

“This is a crazy frontal attack on the world — it’s not just about America First, it's about everyone paying the price.”

🧩 Key Highlights:

🔺 EU under pressure:

The European Union has been hit with 20% reciprocal tariffs on exports to the U.S., affecting:

 • 🚗 Automobiles

 • 🏭 Industrial Machinery

 • 💻 Technology

 • 🛍️ Consumer Goods

🔺 Letta’s warning:

The tariffs will hurt both sides — U.S. consumers and European businesses

Trump is exploiting fragmentation within the EU, making unity more critical than ever

The EU must stand firm and not comply with this economic pressure

📊 CryptoPulsee Insight:

🌐 As global trade tensions rise, markets are responding with volatility.

Here's what it means for investors and crypto:

🔸 Expect near-term turbulence in European and U.S. equity markets

🔸 Safe-haven assets like Gold and Bitcoin could see further upside

🔸 BTC may benefit as a macro hedge against geopolitical instability

🔸 Keep an eye on stablecoin flows and Bitcoin Dominance if uncertainty continues

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