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Bitcoin drops as Trump calls for 50% tariff on European Union starting next month: CNBC Crypto World

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May 23, 2025
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Bitcoin drops as Trump calls for 50% tariff on European Union starting next month: CNBC Crypto World
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On in the present day’s episode of CNBC Crypto World, bitcoin falls after President Donald Trump mentioned he’s “recommending a straight 50% Tariff on the European Union” amid stalled commerce negotiations. Plus, the president hosted a dinner for prime holders of his meme coin as some Democrats raised ethics considerations. And, Kevin Lehtiniitty of Borderless.xyz reacts to the Senate advancing the GENIUS Act stablecoin regulation invoice this week.



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