BITPRISMIA
The US announced new trade deals and tariffs, including a 15% tariff on most EU exports and a 50% tariff on steel and aluminum, as part of an 'America First' strategy to revitalize domestic industries and enhance national security.
The EU is preparing €72 billion in retaliatory tariffs on U.S. imports if trade talks fail, which could escalate into a broader trade war with significant global economic impacts, including on markets like cryptocurrency.