According to The Kobeissi Letter, President Trump announced potential 25% tariffs on Apple (AAPL) and 50% tariffs on the EU, effective June 1st, coinciding with the US 10-year Treasury yield surpassing 4.60%. This sharp policy shift triggered a significant pullback in yields, reflecting renewed recession concerns. For crypto traders, heightened global trade tensions and recession fears may drive increased volatility and safe-haven demand for Bitcoin and other major cryptocurrencies, as investors seek alternatives to traditional equities and bonds (source: The Kobeissi Letter, May 23, 2025).

According to The Kobeissi Letter, renewed trade war tensions emerged as President Trump announced potential 25% tariffs on Apple and 50% tariffs on EU imports starting June 1st (source: The Kobeissi Letter, May 23, 2025). This coincided with the US 10-Year Treasury Note yield surpassing 4.60%, triggering sharp pullbacks as recession fears intensified. For crypto traders, this development is significant: rising yields and trade uncertainty often drive capital into alternative assets like Bitcoin and Ethereum, increasing volatility and potential inflows to the crypto market. Monitoring risk sentiment and capital rotation is essential for trading strategies in the coming weeks.

According to The Kobeissi Letter, the market responded positively to the significant reduction in tariffs on Apple's AAPL, dropping from 145% to 20%. This adjustment is likely to impact Apple's stock price favorably, offering traders a potential buying opportunity. The reduction could also influence Apple's revenue forecasts and global market position, making it a critical focus for investors. Traders should watch for shifts in trading volumes and price action as the market digests this news.