Global Markets Jitter as Trump's Greenland Tariff Threat Sparks Trade War Fears

Business
M
Moneycontrol•19-01-2026, 07:31
Global Markets Jitter as Trump's Greenland Tariff Threat Sparks Trade War Fears
- •Asian stocks and U.S. stock futures fell after President Trump threatened tariffs on eight European nations over Greenland.
- •Gold and silver surged to all-time highs, while oil prices dipped due to concerns over global growth amid potential trade war.
- •European markets, including EUROSTOXX 50 and DAX futures, declined by 1.1%, with Japan's Nikkei also down 1.0%.
- •EU nations condemned Trump's tariff threats as blackmail and proposed economic countermeasures, including tariffs on U.S. imports.
- •Analysts warn of potential financial market disruption if European countries repatriate investments from U.S. bonds and equities.
Why It Matters: Trump's Greenland-related tariff threats on Europe are escalating trade tensions, causing global market instability.
✦
More like this
Loading more articles...





