European trade tensions just got more complicated. French President Macron is pushing the EU to dust off its anti-coercion instrument—basically their economic defense toolkit—in response to the latest U.S. tariff announcements targeting European countries. This move signals how geopolitical friction is reshaping global trade dynamics. When major economies lock horns over tariffs, it typically sends ripples through cross-border investment flows and currency markets. For crypto traders keeping tabs on macroeconomic shifts, these policy escalations matter: they influence capital movements, institutional risk appetite, and which assets global investors rotate into during uncertain periods.