🔔EU warns to retaliate after President Trump imposes 25% tariffs on EU automobiles, pharmaceuticals and chip products, Bitcoin plummets According to Mars Finance, after President Trump imposed a 25% tariff on EU automobiles, pharmaceuticals and chip products, the EU warned of retaliation and Bitcoin plummeted. • Tariffs aim to address the $350 billion trade deficit and are expected to come into effect in April 2025. • The EU vowed to impose counter-tariffs, which could endanger employment in the automotive industry and U.S. inflation. • Bitcoin price plummeted due to this news. https://t.co/J1XJb9ZQ1c
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