Stock Market Cuts Through to Trump on Greenland in a Way Allies' Messages Failed to Resonate
European leaders warn of trade retaliation after U.S. President Trump imposed 10% tariffs on eight nations supporting Denmark and Greenland, citing threats to alliance cohesion.
- On January 20, European leaders rebuked President Donald Trump at Davos, publicly criticizing his Greenland actions and framing the dispute as a broader transatlantic rupture.
- Greenland's semiautonomous status and repeated rebuffs explain allied sensitivity, as Trump cited Chinese and Russian influence to justify acquisition bids, while NATO allies mobilized patrols near Nuuk aboard Knud Rasmussen.
- EU officials warned they could deploy the bloc's anti-coercion mechanism to limit market access, while French President Emmanuel Macron condemned tariffs as leverage against territorial sovereignty.
- In London, UK Prime Minister Keir Starmer denounced tariffs on allies as wrong and affirmed support for Greenland and Denmark, while Danish leaders warned 'the worst may still be ahead of us' and Parliament issued sharp rebukes.
- Trump announced new 10 tariffs on goods from eight nations starting Feb. 1, with escalation on June 1, as leaders warn of erosion in the rules-based order.
25 Articles
25 Articles
Stock market cuts through to Trump on Greenland in a way allies' messages failed to resonate
Investors may have gotten through to President Donald Trump about his designs for Greenland with a message he wasn’t hearing from European leaders: Threatening allies with tariffs and land seizure isn’t exactly the type of policy that generates confidence in the global marketplace.
France, Canada & more: How America’s allies are taking on Trump in public over Greenland
French President Emmanuel Macron is among the world leaders who are publicly slamming Donald Trump over his claims on Greenland. In a veiled swipe at the US president, he warned against a ‘shift towards a world without rules, where international law is trampled under foot’. The European Union is also planning to suspend its trade deal with the US as Trump threatens 10 per cent tariffs on eight countries, including the UK and Norway
Donald Trump is not forgetting America’s old alliances – his goal is to destroy them
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