2026-01-18 13:37:08

The European Union is in crisis management mode after Washington threw down a tariff gauntlet. A 10% levy just hit Denmark, Sweden, France, Germany, UK, Netherlands, and Finland—all amid escalating tensions over Greenland acquisition discussions. Here's the kicker: if no breakthrough deal materializes by June 1, those rates jump to a punishing 25%.

Meanwhile, the Democratic camp is mobilizing legislative countermeasures to block or mitigate the tariff assault. It's classic brinksmanship playing out in real-time.

On the crypto front, Bitcoin remains relatively anchored around the $95K zone, though traders are eyeing how prolonged trade wars might reshape capital flows and safe-haven demand. When global tensions spike, the correlation dynamics between traditional markets and digital assets tend to get interesting.

BTC-0,07%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
4
Repost
Share

Comment

0/400

DecentralizedElder

· 7h ago

Here we go again, this old trick... Tariffs are just extortion. Now it's Europe's turn to get it back. Wait, if they don't reach an agreement before June 1st, will the tariffs double to 25%? This guy really dares to push it to the limit. Why is Bitcoin still so stable... I thought it would have plunged long ago. Looks like the big players are holding back. If the trade war becomes prolonged, where will the funds flow to? That's the real question.

View OriginalReply0

PanicSeller

· 7h ago

Here it comes again, always bringing up Green Island at critical moments... BTC steady at 95k, just waiting to see the show. --- 25% tariff? Really daring to ask, Europe might be a bit restless this time haha. --- It's still June 1st, betting pretty aggressively... If this wave of traditional market upheaval happens, can the crypto circle stay unaffected? --- Democratic countermeasures are hardly effective, it's just political tug-of-war, and retail investors are the ones who get hurt in the end. --- The Green Island meme has now become a bargaining chip, it's absurd... But is this the chance to buy cheap Bitcoin? --- Can't hold at 95k, once the trade war really erupts, whether funds flow into crypto for safety or flee is hard to say. --- Everyone's playing with fire, who really dares to make a move? Anyway, I'm holding a vacant position, ready to pick up bargains.

View OriginalReply0

ColdWalletGuardian

· 7h ago

Damn, tariffs + Green Island dispute, the EU is really caught in the middle. Wait, if it’s not resolved before June 1st, it will double to 25%? They’re forcing negotiations. Bitcoin staying steady at 95K is quite interesting. I bet this round of trade war will trigger a new wave of capital inflow. Will the RMB also fluctuate accordingly? Need to keep a close eye. In this situation, I really don’t dare to go all-in. Too soft-hearted for such a tough talk. Is Green Island really that valuable? Feels like Trump is just throwing a tantrum. The Democrats want to use legislation to hardline, but can they turn the tide? I doubt it.

View OriginalReply0

HodlAndChill

· 7h ago

The EU is really getting angry this time; the tariff issue is never-ending. This trick is familiar—if negotiations fail, they just keep escalating. 25% before June... everyone will go crazy by then. Bitcoin is now steady at 95K, actually just waiting to watch the show. The more intense the trade war gets, the more excited they are. I thought the Greenland joke was ridiculous before, but now they are really pressing Europe to the ground and rubbing it in. To be honest, it's also difficult for the Democrats to block this matter; both sides are eager to gamble on this move.

View OriginalReply0