Trump's Greenland Tariff Threat Sparks Global 'Sell America' Trade, Markets Reel

• President Trump's threat of 10-25% tariffs on European goods over Denmark's refusal to sell Greenland has triggered a global 'Sell America' trade.
• US equities, Treasury bonds, and the dollar all sold off sharply, while safe havens like gold, yen, and Swiss franc rallied.
• The Dow Jones Industrial Average fell 870 points, S&P 500 and Nasdaq dropped over 2%, wiping out year-to-date gains.
• The simultaneous decline in the dollar and Treasuries is unusual, indicating a broader shift away from US assets.
• European officials view the tariff threat as economic coercion, weighing retaliatory measures up to €93 billion in tariffs.

Why It Matters: Trump's Greenland tariff threat has reignited a 'Sell America' trade, causing widespread market instability.