Trump is making statements at the time of writing and the European Union has given its response to the latest tariff shock. Tensions between both the US-EU and the US-Iran will increase. Since the tension caused by customs tariffs has not been priced in and the tension with Iran will likely grow, expecting a decline in cryptocurrencies in the coming hours seems to be the most reasonable scenario.
Rest from the EU, threat from Trump
trump He says that the currently stalled Iran talks are not what he wanted. In his recent statements, Iran’s Foreign Minister said that if the USA does not change its stance, the problem will continue. The EU said the latest announcement had once again threatened the “unreliability” of the US. The last important statements are as follows.
“Tehran is ready to continue diplomacy if the United States changes its excessive demands, threatening rhetoric and provocative actions.” – Iranian Foreign Minister
Lange, President of the European Parliament Trade Commission, said the following about customs tariffs;
“We are currently preparing the draft law; the parliament’s position is clear and we aim to finalize it in June. The USA has repeatedly violated the agreement. This latest move clearly reveals how unreliable the US side is.”
Highlights of Trump’s ongoing statements;
“Iranian leaders do not get along with each other.
(About customs duties on European Union vehicles) The EU was not complying with the agreement. This situation forces companies to shift production to the USA.
I just had a meeting with Iran. I am not satisfied. Let’s see what happens. Iran negotiations are currently inconclusive. (His response to a question about his statement about possible attacks on Iran and its timing) Why would I tell you this? We either destroy them or make a deal. Hardliners in Iran also want to make a deal.
I’m not worried about the US missile stockpile. We have stocks that we can use anywhere in the world. I’ll probably go for G7. Your visit to China will be great.
The blockade was very effective. “When this war is over, oil, gas and everything else will collapse.”
Oil It continues to stall just below $110.
