Bombshell!!! Trump recommends 50% tariff on Europe

[EarnOnVictor]

-snip-

trump loves moving markets around.  its fun for him to do.

Fun to him? Or he is gaining from it through proxy trading? This is not the first time he has caused an unexpected market reaction.

Before he increased the tariff of other countries, he first talked about China, Mexico and EU. Maybe he treats them as exceptions.

The last I know about the tariff with other countries aside from China was a 90-day pause on plan. This was highly unexpected and the market reacted to it immediately.

Bombshell!!! Trump recommends 50% tariff on Europe

Donald Trump was born June 14, 1946 meaning that now Trump has entered the age of 79 years, in physical and psychological or medical age 79 years is included in the word gori (Geriatric Syndrome) One of the diseases in the suffering of dementia or health mentally, it seems that the US in the future must choose the president at least 40-60 years old, the way of thinking is still normal.

Trump is not the first old man who would rule the US, so I believe he is just being Trump. He has always been like that.

[Ullaa]

50% tariff is no joke and could significantly shake up global markets. It makes reasonable that Bitcoin reacted this that as uncertainty normally creates volatility, The 90 day freeze clearly didn’t mean much in the end.

If this truly goes through we might see more money going into assets like bitcoin as investors try to hedge against potential impact

[Porfirii]

Bitcoin has support at $110000 since it hit all-time high but it fell to $107300 just now before it rose to $108400 which is where the price is right now. Maybe what Trump said about the tariff caused it.

I don't know. I feared that the new recommendations could have a more negative impact in the price, in a moment as crucial as a new ATH, but after the sharp increase some little correction was to be expected too, and for now it's holding quite well below the 107k (>108k again at the time I'm writing these words).

Let's see how this unfolds. If he backs down, I expect that the price will continue to rise.

[WatChe]

Here we go again, its been so long since such news appear, of course there's gotta be some correction right after BTC hitting new ATH after few weeks of tranquility.

I'd expect next few weeks to be a market full of rollercoaster but this 50% tariff toward europe is just bad.
We hardly know what intention trump gonna have, just hoping the market will be spared, it won't be funny if the market abruptly ended its bullish sentiment just because of tariff.

USA has fixed it's tariff differences with China and now they have opened another tariff front with EU. It will bring difficulties for US if they don't have support of EU. Bitcoin price is affected because of news and price has gone down a bit after this news broke out. I think it is another move  of President Trump to negotiate with EU on his matter of interests just like he did with Ukraine and China. If US imposed 50% tariff on EU then in few weeks there will be meeting between US and EU representatives to settle this dispute.

[Haunebu]

What exactly did the world expect giving so much power to a predictable businessman again and again? This sort of news is what I expected on a regular basis ever since he won the presidency yet again.

The dude is making himself richer than he already is through the Americans by manipulating the market pretty evidently since the year started. Lucky orange man.

[Coyster]

It is safe to call Trump a bully at this point, i am not sure who is advising him, but they definitely should let him know that he cannot sustain this campaign of threats for too long when other parties are not doing his bidding. If trade negotiations with the EU are going nowhere, then he should seek to make the talks progressive, not threaten them with tariffs.

That said, it is not just the EU this time, he has also threatened Apple and other smartphone manufacturers that for any device not manufactured in the U.S., there would be a 25% tariff on it, there you go Mr President.

[gunhell16]

Here we go again, its been so long since such news appear, of course there's gotta be some correction right after BTC hitting new ATH after few weeks of tranquility.

I'd expect next few weeks to be a market full of rollercoaster but this 50% tariff toward europe is just bad.
We hardly know what intention trump gonna have, just hoping the market will be spared, it won't be funny if the market abruptly ended its bullish sentiment just because of tariff.

This is bad, this is not good news for me, there is a high chance that there will be another severe correction in the market that we have for now, the expectation of most people will
not happen again for sure, so fight it with patience.

It's simple if its price falls again in the market, just buy if there is a purchase then hold, that's all we should do instead of giving in to negative news like this now.

[fuguebtc]

This is bad, this is not good news for me, there is a high chance that there will be another severe correction in the market that we have for now, the expectation of most people will
not happen again for sure, so fight it with patience.

It's simple if its price falls again in the market, just buy if there is a purchase then hold, that's all we should do instead of giving in to negative news like this now.

This is bad news not only for the markets but also for the global economy but I don't think if Trump actually imposes 50% tariffs on the EU, it will cause a serious correction.

Bitcoin not only grows fast, it also adapts very quickly. Like when the war between Ukraine and Russia broke out, it was also severely affected but over time, even though the war is still going on, bitcoin is hardly affected by the war anymore. Likewise, I think it is also slowly adapting to the impact of Trump's trade war. That's why even though this news was announced yesterday, but I don't see many people paying attention or discussing it on social media as much as before.

These are just short term effects, no reason to give up.

[hyudien]

Okay after the happiness of the past few days, Trump has started to disturb again.   Trump is very chaotic and unstable, he should realize that even though this is to protect the US industry, this step will still harm the US economy because of course the European Union will not remain silent, as a real example, even though this tariff will be enforced starting June 1, the stock index in the US has started to fall significantly and this will continue to spread to the global economy. Maybe it is true what old people used to say that if you reach the age of 79 you will return to being childish.

[Lucius]

trump loves moving markets around.  its fun for him to do.

It's hard to say what's fun for him, but what he's doing is in some way a very clear manipulation of the markets with the probable goal that he and people close to him profit. He didn't do it once, but more than once - but now investors have already learned that he just makes a lot of noise, while on the other hand none of the majority of these threats come true in the end.

While he is announcing new tariffs, some of the top EU politicians are publicly saying that negotiations are underway and that no one is mentioning new tariffs in these negotiations - so this is just one more proof that the new (old) US president is a person who is becoming increasingly hated in most of the world, and especially in the EU.

Yesterday I read the information that one of the largest Chinese manufacturers of electric cars sold more cars than Tesla in the EU. I don't know what the US is aiming for with these crazy moves, but China will take advantage of every opportunity they offer.

Chinese auto giant BYD sold more electric vehicles in Europe than Tesla for the first time, a setback for Elon Musk’s EV maker as it faces growing competition overseas. Tesla registered 7,165 battery-electric vehicles in Europe last month, down 49% on year according to data from Jato Dynamics, a consumer research group. In contrast, registrations for BYD more than doubled to 7,231 vehicles.

[coupable]

What exactly did the world expect giving so much power to a predictable businessman again and again? This sort of news is what I expected on a regular basis ever since he won the presidency yet again.

The dude is making himself richer than he already is through the Americans by manipulating the market pretty evidently since the year started. Lucky orange man.

This is a valid point of view, as anyone observing the scene can see how Trump, along with a small group of his inner circle (family and friends), have directly benefited from the two most significant projects he launched: the creation of a national cryptocurrency reserve, coinciding with the launch of Trumpcoin, and tariffs on almost all imports. This opened the door to significant opportunities for a small number of businessmen to grow richer as the local economy deteriorated (the "crisis rich"). Of course, Trump is the first and biggest beneficiary, as his foreign policy is based on political blackmail, which will result from the imposition of sanctions and increased tariffs. This will grant him several personal benefits that he will enjoy from parties willing to sit at the negotiating table with him.

[takuma sato]

There's a clear heads and shoulder pattern on the breakout at around 107k. First shoulder 107k breakout, head, 112k area, second shoulder, 107k area acting now as a floor. It bounced nicely there. We need to get above 109k and close some candles there. Then I think we could see this tariff tamtrump as yet another negotiation tacting. I think Trump is not happy with EU not capitulating against the tech giants like Google and Meta that refuse to stop abusing their monopoly positions. If EU gets fed up then they can cause a lot of damage increasing tariffs on these.

[Coyster]

Maybe it is true what old people used to say that if you reach the age of 79 you will return to being childish.

I don't know if that quote is true, i know people above that age and they are anything but childish, lol. That said, Trump clearly knows what he is doing, he is not being childish or acting without the knowledge of the repercussion of his actions, he has turned into a big bully who is sad when other countries do not do his bidding and then he uses to opportunity to manipulate the market and make profit for himself and those within his circle. A president who created a shit memecoin can do many other crazy things and that is exactly what he is doing.

[robelneo]

It is safe to call Trump a bully at this point, i am not sure who is advising him, but they definitely should let him know that he cannot sustain this campaign of threats for too long when other parties are not doing his bidding. If trade negotiations with the EU are going nowhere, then he should seek to make the talks progressive, not threaten them with tariffs.

That said, it is not just the EU this time, he has also threatened Apple and other smartphone manufacturers that for any device not manufactured in the U.S., there would be a 25% tariff on it, there you go Mr President.

Trump has only been in office for several months, and we can say that his administration is full of turbulence, and what more for the next four years? Things look bad, and they could get worse because of his instability. Usually, the president of the US will try to make peace and coordinate with all his allies and enemies.

This is to set the pace of his administration's direction, but Trump proved to be different; he wants rifts and controversy.

The world should brace for Trump's indecisiveness. We will see more of his bad decisions that will affect many people around the world.

[Btcdeybodi]

What do you expect from a manipulator? Let us see what happens after June 1 when the tariff will take effect. I don't know what is the plan of Donald Trump but everything he does is not getting funny anymore because imposing 50% tariff on EU goods might result to another tariff wars as it happened against China. Now that the market is recovering after his tariffs caused a lot of havoc in the stock and crypto market he is trying to also cause a panic in the market again. However, i believe that no matter how he tends to trouble the market, it will all be over someday.

[GigaBit]

Due to unilateral trade policies, America's relations with other countries are deteriorating drastically, which will have a negative impact on the economy. Although what Trump is doing is in America's interest but when it goes too far, it will lose its acceptability. I think if Trump had increased the tariffs by 10% from what they were in the previous tariffs, it would have been reasonable, but if additional tariffs were suddenly imposed, it would have a huge impact on business. Such policies could create the possibility of a global economic recession. This is something that everyone in the Trump administration should be aware of.

[bubilas]

Trump is at it again. He might be planning to ignite another phase of trade war with the Europeans, which is expected to be enforced as early as 1st of June.

From Reuters:

May 23 (Reuters) - President Donald Trump said on Friday that he is recommending a straight 50% tariff on goods from the European Union starting on June 1, saying the EU has been hard to deal with on trade.

https://www.reuters.com/business/trump-recommends-50-tariff-european-union-starting-june-1-2025-05-23/

No wonder Bitcoin sold sharply! What happened to the 90-day pause?

When Trump first started introducing his tariffs, and it had a huge impact on the stock markets and the cryptocurrency markets, that's when I first thought that maybe everyone would understand that this guy really likes to intimidate, but he doesn't always keep his word.
And when he started changing the terms of his tariffs several times, although he promised that almost everything would be as he says, then I thought that he is a very big manipulator and perhaps the entire cryptocurrency community of stock markets will understand that it is not necessary. To react so strongly to all the words of this big manipulator.
My main point is that most likely, over time, all stock financial markets will react very little to Trump's words, of course there will be a reaction, but it will not be as shocking as it was before.

[Stella Mese]

This is bad, this is not good news for me, there is a high chance that there will be another severe correction in the market that we have for now, the expectation of most people will
not happen again for sure, so fight it with patience.

It's simple if its price falls again in the market, just buy if there is a purchase then hold, that's all we should do instead of giving in to negative news like this now.

That is the obstacle that will be faced for now, for example, with the issue of trade tariffs that have weakened the economy and become a concern that has occurred, but Bitcoin still provides a sense of security to its investors, despite the global uncertainty that is currently occurring with the decline in stocks or correlation problems and with traditional finance that is occurring. and it is certain that Bitcoin will remain standing without being affected by the current situation.

[DYING_S0UL]

I feared that the new recommendations could have a more negative impact in the price, in a moment as crucial as a new ATH, but after the sharp increase some little correction was to be expected too, and for now it's holding quite well below the 107k (>108k again at the time I'm writing these words).

Let's see how this unfolds. If he backs down, I expect that the price will continue to rise.

I don't think he is a person to back down. So far, everything he has done is reckless and unprofessional in my perspective. First China and now Europe. Going on war with China over these tariffs were stupid and now with Europe even more stupid. These are no small things but Trump seems to be enjoying himself doing this while the economy collapsing because of such actions.

My two cents...

[philipma1957]

It is safe to call Trump a bully at this point, i am not sure who is advising him, but they definitely should let him know that he cannot sustain this campaign of threats for too long when other parties are not doing his bidding. If trade negotiations with the EU are going nowhere, then he should seek to make the talks progressive, not threaten them with tariffs.

That said, it is not just the EU this time, he has also threatened Apple and other smartphone manufacturers that for any device not manufactured in the U.S., there would be a 25% tariff on it, there you go Mr President.

Trump has only been in office for several months, and we can say that his administration is full of turbulence, and what more for the next four years? Things look bad, and they could get worse because of his instability. Usually, the president of the US will try to make peace and coordinate with all his allies and enemies.

This is to set the pace of his administration's direction, but Trump proved to be different; he wants rifts and controversy.

The world should brace for Trump's indecisiveness. We will see more of his bad decisions that will affect many people around the world.

I always thinks of the lyrics to a rolling stone song when I think of trump.

"Please allow me to introduce myself
I'm a man of wealth and taste
I've been around for a long, long year
Stole many a man's soul and faith
And I was 'round when Jesus Christ
Had his moment of doubt and pain
Made damn sure that Pilate
Washed his hands and sealed his fate

Pleased to meet you, hope you guess my name
But what's puzzlin' you is the nature of my game

Stuck around St. Petersburg
When I saw it was a time for a change
Killed the Tsar and his ministers
Anastasia screamed in vain
I rode a tank, held a general's rank
When the Blitzkrieg raged and the bodies stank

Pleased to meet you, hope you guess my name
Oh yeah
Ah, what's puzzlin' you is the nature of my game
Aww yeah

I watched with glee while your kings and queens
Fought for ten decades for the gods they made
I shouted out, "Who killed the Kennedys?"
When, after all, it was you and me
Let me please introduce myself
I'm a man of wealth and taste
And I laid traps for troubadours
Who get killed before they reach Bombay

Pleased to meet you, hope you guess my name
Oh yeah
But what's puzzlin' you is the nature of my game
Aww yeah
(Uh, get down heavy)

Pleased to meet you, hope you'll guess my name
Aww yeah
But what's confusin' you is just the nature of my game
Mmm yeah


"Sympathy for the devil"



once you understand how much he relates to the song above and how many follow him blindly

 it is kind of hopeful that it is that fucked up to live on earth.

as

"there must be some way outta here said the joker to the thief"

then comes to mind.