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Shares in Asia track European markets lower on concern over Trump

Stocks fell globally with the Cboe Volatility Index rising nearly 28% as Trump imposed 10% tariffs on eight European NATO members over Greenland, threatening increases by June.

  • Asian equities dropped 0.5% and S&P 500 futures fell 1.1% as President Donald Trump's tariff threats over Greenland ignited trade tensions.
  • European shares experienced their largest decline since November following Trump's announced tariffs.
  • Japanese Prime Minister Sanae Takaichi announced an early election, resulting in a rise to 4% in 40-year bond yields.
  • French President Emmanuel Macron plans to activate the EU's anti-coercion instrument in response to Trump's actions.
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S&P 500 sinks 2.1% as Trump threatens to impose new tariffs on Europe in standoff over Greenland

S&P 500 sinks 2.1% as Trump threatens to impose new tariffs on Europe in standoff over Greenland.

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Live Mint broke the news in New Delhi, India on Monday, January 19, 2026.
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