EUR/JPY slumps to near 161.00 as Trump threatens 50% tariffs on Eurozone

  • The EUR/JPY pair slides to near 161.00 during North American trading hours on Friday, the lowest level seen in a month. The pair slumps as the Euro (EUR) weakens after United States (US) President Donald Trump threatens to impose 50% tariffs on imports from the European Union (EU) in a post on Truth.Social during late European trading hours after Brussels sent a not-so-good trade proposal to Washington.