US tariff threats stir fresh trade tensions with Europe. Trump's proposed 10% levy on EU countries—tied to disputes over Greenland—could reignite the trade war playbook we saw before. Here's what's happening: the move targets European allies, escalating what was already fragile trade dynamics. For crypto markets, this matters. Trade wars typically spike uncertainty, shake traditional markets, and reshape capital flows. Investors often hedge through alternative assets when geopolitical friction rises. The EU will likely retaliate with counter-tariffs, creating a tit-for-tat cycle that destabilizes global commerce. Whether this becomes a full-blown trade war or a negotiation tactic remains to be seen, but the mere threat is enough to rattle markets and shift risk sentiment. Keep an eye on how this develops—macro shocks like these ripple across all asset classes.