Planet Early News: Trump Suggests Tariffs on the EU, Federal Reserve May Cut Interest Rates, Binance Introduces Zero-Fee Withdrawals

1. Trump proposed to impose a 50% tariff directly on the EU starting from June 1.

2. The EU Commissioner for Trade and Economic Security stated that the EU is committed to reaching a mutually beneficial agreement with the United States.

3. ZachXBT expressed that the $5 million bounty offered by Cetus for finding hackers is unacceptable.

4. CZ said there are rumors that a certain venture capital firm is lobbying heavily against Binance.

5. Federal Reserve’s Goolsbee expects that interest rate cuts may still be possible within the next 10 to 16 months.

6. Binance announced zero withdrawal fees for USD 1 withdrawals through $BNB Chain.

7. US Treasury Secretary Janet Yellen stated that the sovereign wealth fund plan has been suspended.

8. James Wynn cut losses and closed $ETH and SUI long positions while continuing to increase $BTC long positions.

9. US stock market closed lower across the three major indexes, with US Steel rising over 21%.

10. Mihailo Bjelic, co-founder of Polygon, stepped down, becoming the third co-founder to leave.

11. The SEC is reviewing the listing and trading proposals for Nasdaq Bitcoin index options.

12. The US dollar fell to its lowest level since December 2023.

13. Most attendees of the Trump Meme Coin dinner have transferred or sold their TRUMP coins.