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The euro plummeted in Asian morning trading. Trump threatened to impose additional import tariffs on certain European countries, which immediately pushed the euro down to 1.1582 USD, a decline of 0.14%. In simple terms, as soon as the tariff threat emerged, investors quickly reassessed the European economic outlook — risk assets like the euro naturally bore the brunt. Although this wave of volatility may seem modest in magnitude, it reflects the real-time impact of geopolitical uncertainty on the foreign exchange market. For the crypto market, such macroeconomic environment changes often influence asset allocation strategies, thereby affecting the risk appetite for digital assets.