Bombshell!!! Trump recommends 50% tariff on Europe

[Lucius]

A homosexual lawyer who contracted AIDS... It's amazing how power corrupts and makes you feel that you can do anything. After all the guy had a Miss Universe for a wife. Money, power, literally screwing around until life screws you. Eventually we all end up in the same place.

I don't care about his sexual orientation, but rather that as a person he was one of those who was willing to cheat dying people, which is why his law license was revoked in 1986. He was corrupt in the soul, and he was a role model (and probably is today) for the current president. There has always been market manipulation (and there will be in the future), but who would have thought that the US president would be the one primarily responsible for something like that?

I don't think that bitcoin's correction have anything to do with tariff rumors. It's completely natural for BTC to correct after a new all time high.

In the long term, the price follows its own path, but in the short term, I would not agree that such bombastic statements have no impact on the price of BTC - because if you go and say that you will introduce 50% tariffs on a market of almost 500 million people, the market simply has to react negatively.

[bitgolden]

What exactly did the world expect giving so much power to a predictable businessman again and again?

The truth is that Trump knows what he is doing, he is just profiting from the shockwave he sends across the market. Nothing can name a US president behave like that if he is not profiting from it. He has been in the business and economic environment for so long, and he has viable economic advisers.

Trump always has his agenda of making money through proxies with this insane policy, which is why he is doing that.

That is a questionable thing, not many people believe he has the capacity to listen and understand and then do. Hence, you can give the worlds greatest advisers to him, and he will just fire them if they do not do what he asks. So he could be doing a terrible job, and we should reconsider how things change, it is not going to be easy at all and could be very tough business deal.

I believe the best way to move forward would be just focusing on how he is constantly making mistakes. In this case, we are seeing him focus on tariffs again, because he said that once, and he doesn't like to backtrack, even if he doesn't do a good job. It could be the worst thing, but for him, he rather see USA crash, instead of saying "I was wrong".

[coolcoinz]

A homosexual lawyer who contracted AIDS... It's amazing how power corrupts and makes you feel that you can do anything. After all the guy had a Miss Universe for a wife. Money, power, literally screwing around until life screws you. Eventually we all end up in the same place.

I don't care about his sexual orientation, but rather that as a person he was one of those who was willing to cheat dying people, which is why his law license was revoked in 1986. He was corrupt in the soul, and he was a role model (and probably is today) for the current president. There has always been market manipulation (and there will be in the future), but who would have thought that the US president would be the one primarily responsible for something like that?

I don't think that bitcoin's correction have anything to do with tariff rumors. It's completely natural for BTC to correct after a new all time high.

In the long term, the price follows its own path, but in the short term, I would not agree that such bombastic statements have no impact on the price of BTC - because if you go and say that you will introduce 50% tariffs on a market of almost 500 million people, the market simply has to react negatively.

I remember he had relations with some priest, but claimed that he was not homosexual. If I'm correct, he even said that in court. The priest had AIDS, and years later, our hero was also diagnosed with the same thing. It's not important that he was gay, but that he lied about it his whole life. He was a trained liar as a lawyer and most likely lied for Trump as his lawyer and taught his client to lie. Politicians and lawyers love to lie.

[Cryptoprincess101]

It seems once again that Donald Trump is playing his game of negotiation and manipulation. I highly doubt that Europe will accept this tariff without at least negotiating. Well, the power is in the hands of the orange man, he sets the rules, and there’s not much that can be done. But I at least hope all of this gets resolved soon so that Bitcoin can continue its natural cycle of price explosion, because it seems like all this political turmoil is affecting the markets.

European Commission President Ursula von der Leyen has been able to convince King Trump to extend the tariff deadline to July 9. He said he had a good discussion with Ursula and granted her request to allow the EU to secure a deal with the US.  This news impacted the price of Bitcoin causing the price to increase slightly.  Trump's erratic trade policy has made the global market difficult to predict. Investors are seeking safe havens since they cannot trust the US economy.

I also saw that the date has been shifted from June 1 to June 9 but does all these tariffs really solve the problem of the economy because from what i saw when during those tariffs war between America and China started, it only brought more economic crisis than proffer a solution. Donald Trump should not take because of his quest to make the United States the world economic hub and start igniting things that will bring about conflicts between America and other countries in the future. It is really so annoying to see how Trump have been manipulating the global market since he assumed office in January. America is gradually losing its respect due to Trump's self-centered economic policies.

[fruktik]

It seems once again that Donald Trump is playing his game of negotiation and manipulation. I highly doubt that Europe will accept this tariff without at least negotiating. Well, the power is in the hands of the orange man, he sets the rules, and there’s not much that can be done. But I at least hope all of this gets resolved soon so that Bitcoin can continue its natural cycle of price explosion, because it seems like all this political turmoil is affecting the markets.

As long as Trump is at the top of power, you can't expect anything concrete in all areas. This also applies to crypto. All he does is talk a lot, but in fact, all this is just empty chatter. There have definitely never been such presidents in the United States. A liar and a fraud who belongs behind bars. I hope that he will be impeached soon. He definitely deserves it.

And what also pisses me off is that he has seven Fridays in a week. He changes his mind several times a day. First he says one thing, and by evening he says something completely different. And how is such a character able to govern such a country?

[Lucius]

~snip~
Politicians and lawyers love to lie.

It's not completely incorrect, but I would still say that in some professions "lying" is a matter of success or survival in power. In other words, it's not a matter of choice, but something you have to do to be successful.

~snip~
And what also pisses me off is that he has seven Fridays in a week. He changes his mind several times a day. First he says one thing, and by evening he says something completely different. And how is such a character able to govern such a country?

The answer is very simple - people who live in that country and have the right to vote elected him, which means that there are exactly 77 284 118 people in that country who voted for him out of a total of 156 302 318 who went to the polls. In other words, a little over 77 million Americans believe they should have such a president - and I hope they will enjoy the next 4 years, especially those who have already felt his crazy decisions firsthand.

[pooya87]

As long as Trump is at the top of power, you can't expect anything concrete in all areas. This also applies to crypto. All he does is talk a lot, but in fact, all this is just empty chatter. There have definitely never been such presidents in the United States. A liar and a fraud who belongs behind bars. I hope that he will be impeached soon. He definitely deserves it.

And what also pisses me off is that he has seven Fridays in a week. He changes his mind several times a day. First he says one thing, and by evening he says something completely different. And how is such a character able to govern such a country?

Trump is just full of himself and loves to think of himself as the "emperor", which is why I like to refer to him as the "emperor wannabe". But what he does is pretty much the same as what every US president has done in the past.

And the reason why he keeps saying contradicting stuff (appearing to change his mind) is that the US regime has no idea what to do. They are getting more desperate trying to cling to the power they are losing every day. Whatever they do, backfires hard. Like the tariff war which by the way was started by Obama and has only expanded as the budget deficit grew over the past decade and the economic situation in US got worse. So the tariff war got more intense as well.

If anyone else were in place of Trump in the Oval office, they would have done the same exact things. They may have said less crazy crap but they'd have done the same stuff...

[EarnOnVictor]

In the long term, the price follows its own path, but in the short term, I would not agree that such bombastic statements have no impact on the price of BTC - because if you go and say that you will introduce 50% tariffs on a market of almost 500 million people, the market simply has to react negatively.

You are correct, news like this might move the market for a while, but the market would subside, dust off the effect and follow the main sentiment over time. This is especially true this time when he later agreed to a pause till July 9, which was the actual date of the initial pause window. I think Trump was impatient, he wanted things done immediately, or forced the Europeans into more aggressive negotiation/bargaining.

Above all, I don't see how that is working or will work for him because Europe stands with one force against a trade war bully.

[Lucius]

@EarnOnVictor, first he dropped a bomb on the EU, today the market is sinking because he launched a missile towards China - which only shows that there are no coincidences in all of this. If you're negotiating with someone in good faith, then you don't do things like this to them - because the other party will consider you unreliable because you're constantly changing your mind.

I would like the EU to be as strong as it may seem to some, but there are too many internal divisions that the US and China use for their own personal interests. Unfortunately, at this point, the EU is still too dependent on US military aid, especially given the war raging on its eastern borders. When you're in a situation like that, and you're also importing a lot of gas from the US, then you can't be as strong as you really should be.