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Dow set to fall more than 300 points on Trump's new tariff threat over Greenland: Live updates CNBCNATO vs. 'TACO' trade: Dow futures tumble 400 points on Trump's latest tariffs while Wall Street hopes for de-escalation at Davos FortuneTSX edges lower as Trump's Europe tariff threat rattles markets ReutersDow Jones Futures Fall; Trump's Greenland Push Tied To Nobel Prize Snub Investor's Business Daily
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European shares mostly fell and U.S. stock futures skidded Monday after U.S. President Donald Trump threatened to slap a 10% extra tariff on imports from eight European countries because they oppose having America take control of Greenland.
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Red baseball caps spoofing Donald Trump's iconic MAGA hats have become a symbol of Danish and Greenlandic defiance against the U.S. president's threat to seize the frozen territory.
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"Intimidation," "threats" and "blackmail" are just some of the terms being used by European Union leaders to describe U.S. President Donald Trump's warning that he will slap new tariffs on nations opposing American control of Greenland.
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Three U.S. Catholic cardinals urged the Trump administration on Monday to use a moral compass in pursuing its foreign policy, saying U.S. military action in Venezuela, threats of acquiring Greenland and cuts in foreign aid risk bringing vast suffering instead of promoting peace.
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President Trump said the U.S. will impose tariffs on eight European countries until the U.S. acquires Greenland. The announcement came as a congressional delegation visited Denmark to ease tensions.
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