⚠️ATTENTION⚠️
💥💥 Trump threatens with a 25% tariff on Apple and Samsung and CONFIRMS a 50% tariff on the European Union 💥💥
⚜️⚜️ "I am not seeking an agreement with Europe; it is already decided: on June 1, a 50% tariff will be imposed against the European Union" ⚜️⚜️
🍼🍼 What did Trump say for Bitcoin to drop $4K in 2 hours 🍼🍼
✅ He stated that he will impose tariffs of at least 25% on Apple if iPhones are not manufactured in the U.S ✅
✅ As a result, AAPL shares plummeted 4.44% at market opening ✅
🔷🔷 "Their trade barriers, VAT, corporate sanctions, non-monetary trade barriers, monetary manipulations, unjustified lawsuits, and more, have created a trade deficit with the U.S of over 250 million dollars annually" 🔷🔷
🌐🌐 Why this is negative for financial markets 🌐🌐
🧲🧲 Because it increases fears of a decline in economic activity, which could lead to a recession 🧲🧲
👁️👁️ That is why, at this hour, stocks and BTC would react poorly to any escalation of the trade war 👁️👁️
