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Trump slaps 10% tariffs on 8 European nations over Greenland disagreement
So this is getting real. The U.S. just hit eight European countries with 10% tariffs—and the trigger? They wouldn't support America's move on Greenland. It's a pretty bold escalation of the geopolitical chess game.
Why this matters for anyone watching markets: tariff wars create uncertainty. They shake up currency valuations, impact inflation expectations, and force central banks to adjust their playbooks. When trade tensions spike, investors typically hunt for alternative stores of value—and that's historically when crypto gets attention.
The European response is still unfolding, but if this sparks a broader trade war cycle, you're looking at potential dollar volatility, supply chain disruptions, and all the macro chaos that usually spills into asset classes.
It's one of those moments where the headlines from Washington don't just affect traders—they ripple through the entire financial ecosystem.