Trump EU Tariff: 15–20% Tax to Hit European Exports
President Trump is pushing for a 15–20% minimum tariff on all European Union exports ahead of an August deadline, according to a Financial Times report. The proposed tariffs could disrupt trade flows and inject volatility into global markets, though the immediate impact on cryptocurrency remains uncertain.
Market participants are monitoring the situation for potential Ripple effects. Trade tensions often drive capital toward alternative assets, but digital currencies have yet to show a decisive reaction to the news.