The European Commission urged the U.S. on Friday to bring respect, not threats, to trade talks after President Donald Trump pushed for a 50% tariff on EU goods.

Trump's surprise 50% EU tariff triggers $300M in crypto liquidations as Bitcoin and altcoins reel from renewed trade war fears.

Pottery Barn is one of many retailers focusing more on business outside the U.S. And it seems to be a strategy to offset the cost of tariffs, and the potential downshift in spending from American consumers.

European luxury shares tanked on Friday as U.S. President Donald Trump said he is recommending a starting on June 1.