US President Donald Trump has reportedly announced a 50% tariff on the European Union, starting on June 1, 2025. This development follows Trump’s Truth Social post that threatened Apple with a 25% tariff on iPhones not manufactured in the US. With these escalating trade tensions, financial markets are facing a downturn, with top cryptocurrencies like Bitcoin bleeding.
Ripple vs SEC Legal Battle Continues Pending Key Ruling From Judge Torres
SEC appeal against Ripple remains paused, not dropped, awaiting Judge Torres’ ruling. Settlement hinges on Judge Torres issuing an indicative ruling to modify prior judgment. Judge’s decision by mid-August will either finalize settlement or resume the appeal process. The ongoing legal dispute between Ripple Labs and the U.S. Securities and...
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