CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Mar 27, 2025

Trump Threatens Increased Tariffs on EU and Canada Over Economic Harm

1 min

President Donald Trump threatened increased import tariffs on the European Union and Canada if they cooperate to harm the U.S. economy. He stated that large-scale tariffs would be implemented to protect the U.S.

  • Trump's statement made on Truth Social emphasized potential tariffs.
  • Financial markets remain stable; BTC holds steady below $88,000.
  • Germany's DAX futures decreased by 0.3%; Wall Street futures showed flat to positive trading.
  • The market stability may be influenced by Federal Reserve Chairman Jerome Powell's comments regarding transitory inflationary pressures from tariffs.