US EditionUS Futures and Other World Shares Sink on Worries over Trump’s Push to Claim Greenland
Trump warned of tariffs starting at 10% on Feb. 1, rising to 25% by June 1 on imports from eight European countries if Greenland purchase talks fail.
- President Trump threatened tariffs on eight European nations to pressure Greenland, specifying 10% from Feb. 1 and 25% from June 1 if no sale occurs.
- European governments responded that they `stand united` against tariff threats, major EU states condemned the move as blackmail, and France proposed economic countermeasures.
- Markets reacted as gold and silver jumped to record highs while Frankfurt, Paris and London blue-chip indexes fell 0.2% to 1.2% amid a risk-off tilt.
- European financial exposure raises the prospect that the European Union could reimpose tariffs on 93 billion euros of US imports, while analysts noted that Europeans hold $8 trillion of US bonds and equities.
- At Davos, officials will face tensions as the U.S. delegation led by Trump gathers, with market strategists warning price action will be driven primarily by tariff developments.
72 Articles
72 Articles
European Union’s Top Official Questions Donald Trump’s Trustworthiness Over Greenland Tariff Threat | 🌎 LatestLY
European Commission President Ursula von der Leyen was responding to Donald Trump's announcement that starting February, a 10% import tax will be imposed on goods from eight European nations that have rallied around Denmark in the wake of his stepped up calls for the United States to take over the semi-autonomous Danish territory of Greenland. 🌎 European Union’s Top Official Questions Donald Trump’s Trustworthiness Over Greenland Tariff Threat.
Times-Standard
US futures and other world shares sink on worries over Trump’s push to claim Greenland
By YURI KAGEYAMA, Associated Press Business Writer TOKYO (AP) — U.S. futures fell sharply and European markets shed more than 1% on tensions driven by the Trump administration’s new tariff threats over Greenland. Related Articles NYSE working on a new platform for trading digital tokens around the clock Inequality and unease are rising as elite Davos event opens with pro-business Trump set to attend …
European exchanges still peaked with the volatility climate triggered by Donald Trump's new threats to the EU on the duty front for Greenland. In tension also the government bonds, with yields rising, while the quotations of gold and silver hit new records, respectively at $4,729 l/o and $95.28. The index stoxx 600 composed of the European companies with the highest capitalization drops by 1%. In decrease Milan (-1.3%, London and Frankfurt (-1.1…
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