Peter Schiff Slams Trump’s EU Tariff Threat as 'Market Manipulation' While POTUS Declares Crypto Warpath

⚔️ Trump Goes to War With Europe — While Toasting Crypto Kings in Black Tie

One day: Trump threatens a 50% tariff on EU imports, tanking markets. The next: he’s hosting a private crypto dinner with TRUMP token whales at his golf club.

Welcome to 2025 — where tariffs are tweets, and monetary policy is hosted over Wagyu.

💣 Tariff Threats and Market Whiplash

On May 23, Trump declared the EU a “scam against the U.S.”, announcing new 50% import tariffs starting June 1.

Markets tanked:

• 📉 Dow Jones and SP 500 dipped
• 🧨 Bitcoin dropped 2.6%
• 💸 Fear rippled through global assets

🎯 Peter Schiff: “This Is Market Manipulation”

The gold-loving economist didn’t hold back:

“Trump’s tariffs are political theater — they don’t protect jobs. They benefit insiders who know when the tweet drops.”

He compared it to the China tariff war, which he says “accomplished nothing but volatility.”

And now, Democrats want an insider trading probe into tariff-linked social media posts.

🍽️ Meanwhile: Trump’s Crypto Dinner with TRUMP Token Whales

While markets were melting, Trump was cheers-ing the top 220 TRUMP token holders at his private golf club.

💼 Who was there?

• 🎩 Top 25 whales got VIP access
• 🧑‍🚀 Allegedly included Justin Sun, who dropped 18M+ into TRUMP meme coin
• 🔐 Attendee list? Still classified.

Trump’s message?

“The U.S.A. is DOMINATING in crypto — and we’re keeping it that way!”

Classic.

👀 Not Everyone Was Impressed

• 🧓 Elizabeth Warren and Jeff Merkley called out the ethical red flags
• 🇨🇳 Concerns over foreign influence
• 📢 Journalists reported Trump’s speech was brief and vague

Guests said the dinner was fancy, but lacked real crypto policy meat.

🏛️ Politics, Tariffs, and Tokens: The New Power Triangle

Trump isn’t just talking crypto — he’s strategically aligning with token holders, meme coin creators, and influencers.

What it means:

• 📜 Clearer — maybe looser — U.S. crypto regulation coming
• 🧠 Political favoritism in Web3? A growing risk
• 💰 Blurred lines between finance and political access

🪙 TRUMP Token = Influence?

The token is heavily concentrated in Trump-linked wallets. Combine that with events like this — and you’ve got real market influence risk.

🔮 What's Next?

• 🇺🇸 Will Trump push for a U.S.-backed blockchain policy?
• 🔎 Will insider trading investigations go anywhere?
• 🌐 Will crypto become the new weapon in global economic warfare?

When one hand posts tariffs and the other hands out crypto desserts… expect fireworks.

🧠 TL;DR: Trump Tanks Markets, Toasts Meme Coin Whales — and Schiff Isn’t Buying It

• 💣 Trump announces 50% EU tariffs — markets drop, Schiff cries foul
• 📉 Bitcoin dips 2.6% amid macro fear
• 🍽 Hosts secretive crypto dinner with TRUMP token whales
• 🗣 Promises “U.S. dominance” in crypto
• ⚖️ Dems call for insider trading investigation
• 🪙 Concerns grow over political influence on meme tokens and markets

Lesson: In 2025, markets aren’t moved by fundamentals. They’re moved by presidents — and meme coins.

Schiff says it’s manipulation. Trump says it’s winning.