Dow Futures Plunge Over 450 Points Amid Trump's Renewed Tariff Threats

• Dow Futures fell over 450 points, S&P 500 futures dropped 70 points, and Nasdaq futures were down nearly 350 points.
• US President Donald Trump threatened NATO allies with tariffs starting February 1 if they oppose his Greenland acquisition plans.
• Trump announced a 10% tariff on European countries supporting Greenland, escalating to 25% by June 2026 if no deal is reached.
• European Union lawmakers may halt approval of a trade deal with the US, potentially setting a 15% US tariff on most EU goods.
• The tariff threats could trigger a 'risk-off' episode, benefiting government bonds, quality assets, and gold, which is already at record highs.

Why It Matters: Donald Trump's renewed tariff threats over Greenland acquisition plans caused Dow Futures to plunge.