President Donald Trump stated that he is "recommending a straight 50% tariff on the European Union" in the midst of stalled trade negotiations, which caused bitcoin to plummet on today's broadcast of CNBC Crypto World. As some Democrats voiced ethical concerns, the president also threw a banquet for the top meme coin holders. Additionally, Borderless.xyz's Kevin Lehtiniitty responds to the Senate's advancement of the GENIUS Act stablecoin regulatory measure this week.
Bitcoin falls as Trump demands a 50% tariff on the European Union beginning next month: Crypto World on CNBC
By Dan••1 min read
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About the Author
D
Dan
Contributing writer at Kryptologist, passionate about blockchain technology, cryptocurrency markets, and decentralized finance.
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