By Omkar Godbole (All times ET unless indicated otherwise)The recent TACO tease, implying "Trump Always Chickens Out" on tariffs, likely didn't go down well with the President, who raised the stakes in the ongoing trade war on Friday, leading to broad-based risk aversion, which persists as of writing.On Friday, Trump said that on June 4, the U.S. tariffs on imported aluminum and steel would go from 25% to 50%, triggering a broad-based risk-off move across global markets
source: https://www.coindesk.com/daybook-us/2025/06/02/crypto-daybook-americas-tariffs-to-dominate-narrative-as-btc-etf-volumes-surge