Trump has lost patience with the EU! Threatens to impose a 50% tariff starting in June, causing US stocks and Bitcoin to plummet.

Trump raises the tariff knife again! US President Trump threatened Apple yesterday (23) night that Apple should transfer production lines from China, India and other places back to the United States, otherwise a 25% tariff will be imposed on imported Apple products. At the same time, Trump also issued a tough tariff warning to the EU and proposed a 50% tariff on EU imports from June 1, 2025. (Synopsis: Trump shouted "iPhone Made in the United States" otherwise 25% tariffs, Apple plummeted, Bitcoin pin 100,0007) (Background supplement: Trump predicts a new round of higher tariffs within two weeks!) Bitcoin fell below 103,000, Ethereum lost 2,500 magnesium) Trump set off another tariff storm! US President Trump posted on his social platform Truth Social yesterday (23), putting forward strict requirements for the US technology giant Apple (Apple), saying that unless Apple transfers iPhone production lines from China, India and other places back to the United States, it will impose a 25% tariff on imported Apple products. Trump threatened: "I have already told Apple CEO Tim Cook that the iPhone I expect to sell in the United States must be manufactured and assembled in the United States, not in India or anywhere else. If not, Apple would have to pay at least 25% tariffs to the United States. Trump wants to impose 50% tariffs on the EU Not only that, Trump also issued a tough tariff warning to the EU in another post and proposed a 50% tariff on EU imports from June 1, 2025. He accused the EU of setting up trade barriers, value-added tax and unfair lawsuits that have led to a trade deficit of $250 billion between the United States and the EU, saying that trade negotiations with the EU have "made no progress": The EU has taken advantage of the United States in trade for a long time, which is extremely difficult to deal with. Its strong trade barriers, value-added taxes, absurd corporate fines, non-monetary trade barriers, currency manipulation, unfair and unjustified lawsuits against US companies, etc., have led to a US trade deficit of more than $250 billion per year, which is completely unacceptable. Our negotiations with the EU have made no progress! Therefore, I propose a 50% tariff on the EU from June 1, 2025. If the product is manufactured or assembled in the United States, it is not subject to customs duties. For Trump's move, US Treasury Secretary Scott Bessent also added in an interview yesterday that after Trump imposed a 20% "reciprocal" tariff on the EU on April 2, he immediately reduced it to 10% and gave a 90-day negotiation grace period, aiming to promote "good faith negotiations." However, Trump believes that the trade proposals submitted by the EU are "not as high quality as those of other trading partners" and that the threat of 50% tariffs is a response to the slow progress of EU negotiations. "I hope this inspires the EU to act," Bescent stressed. U.S. stocks are all black, bitcoin Affected by Trump's latest tariff threat, U.S. stocks are falling across the board after opening last night, and the four major indexes of U.S. stocks are facing downward pressure: Dow Jones Industrial Average: down 0.72%, or 305.82 points, tentatively at 41,564.28 S&P 500: down 0.86%, or 50.6 points, tentatively at 5,792.34 Nasdaq: down 1.07%, or 198.54 points, tentatively at 18,721.82 points Philadelphia Semiconductor Index: down 2.07% , or 99.03 points, tentatively at 4,676.44 points It is worth noting that Apple, affected by Trump's name, also fell to $194 after the open, with an intraday decline of 2.34%, with a market value of about $2.94 trillion. On the cryptocurrency side, bitcoin also fell after Trump's tariff threat, reaching as low as $106,800 in the Binance spot market, but the price has recovered at the moment of writing, tentatively trading at $107,582, down 3.49% in the past 24 hours. Analyst: Apple's mobile phone cost may rise to $3,500 Regarding Trump's latest tariff moves, Wedbush Securities analyst Dan Ives bluntly said that Apple's full production of iPhones in the United States is "unrealistic", and if all are transferred to the United States, the cost of iPhones may soar to $3,500, much higher than the current retail price, which will lead to higher prices or shrinking profits. He described it as a "fairy tale" and said it was highly unlikely to happen anytime soon. Political strategist Lucy Caldwell, on the other hand, criticized Trump's tariff policy for lacking "the art of the deal" and bringing only "chaos." She believes that Treasury Secretary Becent's attempt to package the move as a negotiating tactic has had limited practical effect. Some economists warn that a 50 percent EU tariff could push up the price of U.S. imports, fuel inflation and hurt global trade. Related reports Bauer: Real interest rates may be "high" in the future, inflation fluctuates more violently, bitcoin stands back to $103,000, S&P 500 returns to Trump before the tariff war The United States and China cut tariffs "145% to 30%", analysts are optimistic about bitcoin rushing $140,000 U.S.-China mutual tariff reduction" U.S. stocks rose sharply Fees soared by 7%, bitcoin was pin $100,700, Trump: After 90 days, the agreement will not be completed and tariffs will be imposed again (Trump is impatient with the EU! Threatening to impose tariffs of 50% from June, and the US stock bitcoin is completely black" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".