Breaking: Bitcoin Bleeds As Trump Slaps EU with 50% Tariffs Starting June 1

coingape.com

6 hour ago

Breaking: Bitcoin Bleeds As Trump Slaps EU with 50% Tariffs Starting June 1

US President Donald Trump has reportedly announced a 50% tariff on the European Union, starting on June 1, 2025. This development follows Trump’s Truth Social post that threatened Apple with a 25% tariff on iPhones not manufactured in the US. With these escalating trade tensions, financial markets are facing a downturn, with top cryptocurrencies like Bitcoin bleeding.

https://coingape.com/bitcoin-bleeds-as-trump-slaps-eu-with-50-tariffs-starting-june-1/?utm_source=CryptoNews&utm_medium=app