Trump could not have picked a better time. Just as the entire crypto market is seen celebrating with bitcoin reaching a new ath and altcoins also gaining significantly, he threatens 50% tariffs on EU to begin on June 1st. Apparently because they have been difficult and unrelentless during the negotiations. I am assuming that this pissed off Trump and which is why he immediately declared straight 50% tariffs on EU.
He plays with the % and the economic consequences, it creates troouble in the world order. I understand that he wants to use it as a basis for an upcoming deal, but other presidents and their team are not stupid, they will react cleverly. People in the market are afraid and they will probably sell their bitcoin. For bitcoiners who have been around for many years, this is more of a big show and I dont think many will sell. Trump will continue to make his own show and influence the world negatively/positively.