Good Vibes Shattered as Trump Revives Trade War, Sending Bitcoin Tumbling Below $109K
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Good Vibes Shattered as Trump Revives Trade War, Sending Bitcoin Tumbling Below $109K The president Friday morning threatened an imminent 50% tariff on all EU imports as well as a 25% levy on imported Apple iPhones. By Stephen Alpher Updated May
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Good Vibes Shattered as Trump Revives Trade War, Sending Bitcoin Tumbling Below $109K
The president Friday morning threatened an imminent 50% tariff on all EU imports as well as a 25% levy on imported Apple iPhones.
By Stephen Alpher
Updated May 27, 2025, 4:08 p.m. Published May 23, 2025, 12:14 p.m.
President Donald Trump (Tom Brenner For The Washington Post via Getty Images)
What to know:
Risk assets — bitcoin among them — fell sharply during early morning U.S. hours after President Trump reignited what had been cooling trade tensions.
Floating along at above $111,000, bitcoin quickly fell about 2.5% on the news.
The president threatened a 50% tariff on all EU imports to begin June 1 as well as a 25% tariff on Apple iPhones not made in the U.S.
What was setting up to be a somewhat sleepy session ahead of the holiday weekend is no more as President Trump woke up and chose to reignite what had been cooling trade tensions.
“The European Union … has been very difficult to deal with,” said the president in a Truth Social posting. “Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% tariff on the EU, starting on June 1.”
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The leader of the free world also took aim at Apple (AAPL) and its CEO Tim Cook. “I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the U.S. will be manufactured and built in the U.S., not India or anyplace else. If that’s not the case, a tariff of at least 25% must be paid by Apple.”
U.S. stock index futures quickly moved from modest gains to nearly 2% declines, with Apple falling 3.6%. Above $111,000 prior to the news, the price of bitcoin
BTC$104,381.43
quickly pulled back to $108,600.
Donald TrumptariffBitcoinAppleBreaking News
Stephen Alpher
Stephen is CoinDesk’s managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania’s Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
Carmen Electra embraced every inch of her nutritious breakfast while visiting Berlin. The model, 54, shared an Instagram carousel on Friday, August 28, that captured her playfully indulging in a spread of fruits while soaking up the sunshine. “Breakfast in Berlin,” she captioned the post, which opened with a shot of herself topless while placing
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Carmen Electra embraced every inch of her nutritious breakfast while visiting Berlin.
The model, 54, shared an Instagram carousel on Friday, August 28, that captured her playfully indulging in a spread of fruits while soaking up the sunshine. “Breakfast in Berlin,” she captioned the post, which opened with a shot of herself topless while placing pineapple slices over her bust.
Further snaps from the racy photo shoot showed Electra with a plate of sliced watermelon, strawberries and other vivid fruits as she posed for the camera seductively. A video also showed her biting into a banana before one final image showed her bending over a chair to show off her derriere in a blue thong.
The shoot was likely staged in July when Electra visited Berlin as the guest of honor at Bellucci Berlin’s “La Grande Bellezza” summer party. A July 15 Instagram carousel showed Electra posing with a lollipop on a graffiti-filled street that she tagged in the German city. “How many licks does it take?” she captioned the post, which also included a video of herself twirling the sweet around the inside of her mouth.
Related: Brooks Nader ‘Looks Good’ and ‘Feels Good’ in Her Red ‘Baywatch’ Swimsuit
Brooks Nader is embracing her inner beach babe. Nader, 28, who secured a starring role on the Baywatch reboot, took to TikTok on Monday, March 30, to show off her bikini body in the iconic cherry red one-piece that became a defining symbol of the original show. In the clip, she backed away from the […]
Fans took to the Baywatch alum’s latest Berlin post to share praise, with one follower writing, “Still the most gorgeous” and another commenting, “Look as good as ever, maybe even better!”
Carmen ElectraCourtesy of Carmen Electra/Instagram
Electra often flaunts her killer physique via risqué social media posts, including a September 2025 Instagram carousel that captured her posing for sexy snaps in her living room. Proving there’s always opportunity for an impromptu photo shoot, the star sported a black zip-up corset that laced up the back, skimpy Daisy Duke shorts, fishnet stockings and knee-high suede stiletto boots.
In the post, the swimwear model posed seductively and blew kisses at the camera.
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Related: Hottest Looks During Miami Swim Week 2026: Brooks Nader, Alix Earle and More
From Alix Earle’s washboard abs to Bethenny Frankel’s cheeky moment, stars dared to bare during Miami Swim Week. Thank You! You have successfully subscribed. Subscribe to newsletters Enter your email Please enter a valid email. Subscribe By signing up, I agree to the Terms and Privacy Policy and to receive emails from Us Deal of […]
Electra, who rose to fame as lifeguard Lani McKenzie on the original iteration of Baywatch between 1997 and 1998, recently spoke to Us about Fox’s upcoming reboot. Discussing one of the series’ new stars, Brooks Nader, Electra stressed the need to maintain peak physical fitness to nail the role. “Basically [I told her], ‘Just be ready. Make sure that you’re in your top physical shape,’” she told Us on August 6 before adding that “running in the sand, diving over [and] jumping over waves, diving into the water” isn’t as easy as it sounds.
“You’re going to be coming out of the water, looking into the camera, and they’re going to say, ‘Don’t close your eyes.’ And your eyes are going to be burning,” she recalled telling Nader, 29. Despite the saltwater potentially affecting one’s vision, Electra reiterated that Nader will need to “open those beautiful eyes, and [she’s] going to need to look gorgeous coming out of that water, and you know the slow-motion run.”
Electra’s Baywatch series premiered on NBC in 1989 and focused on California lifeguards — with David Hasselhoff at the helm — who saved lives as beachgoers swam, encountered sharks and came up against the odd serial killer.
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