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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.
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Associated Press NewsAssociated Press News
+8 Reposted by 8 other sources
Lean Left

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.

·United States
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abc Newsabc News
+8 Reposted by 8 other sources
Lean Left

US allies push back on Greenland at Davos ahead of Trump address

Canadian Prime Minister Mark Carney added his voice to the condemnation of U.S. President Donald Trump's efforts to acquire Greenland.

·United States
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Stirile Pro TV broke the news in Bucharest, Romania on Wednesday, January 21, 2026.
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