Trump’s Greenland tariffs spark fresh market jitters across Europe

1 min read
Source: Reuters
Trump’s Greenland tariffs spark fresh market jitters across Europe
Photo: Reuters
TL;DR Summary

Global markets face renewed volatility after President Trump proposed 10% tariffs on eight European countries over Greenland, rising to 25% by June if no deal; the move weighs on the euro and European stocks while defence shares rally on geopolitical tensions, with the Danish crown in focus amid rate differentials. Investors weigh Iran tensions, Fed policy, and NATO-related risk, keeping gold near record highs in a cautious, risk-off mood.

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