Trump’s Tariff Proposal Sparks Market Uncertainty, Including Crypto
US President Donald Trump reignited trade tensions with a proposed 50% tariff on EU imports and 25% duty on globally manufactured Apple products. The announcement, made on May 22, sent shockwaves through financial markets—including digital assets—as investors weighed potential macroeconomic Ripple effects.
While the policy specifically targets traditional trade flows, cryptocurrency markets often react to dollar volatility and geopolitical risk. No direct crypto mentions appeared in the announcement, but traders are monitoring for secondary impacts on Bitcoin and altcoins as risk sentiment shifts.