In a shocking turn of events, European leaders are considering putting a halt to the long-awaited trade deal with the United States following President Donald Trump’s latest tariff threats over Greenland. Trump’s proposal to impose tariffs on eight European countries unless they support his ambition to acquire Greenland has sparked outrage and uncertainty in the global markets.
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According to Bloomberg, European leaders have warned of a potential “downward spiral” in trade relations if Trump follows through with his tariff threats. The Guardian reports that European leaders have deemed Trump’s actions as “unacceptable,” while the BBC highlights the concerns raised by European officials over the impact of these tariffs on the NATO alliance.
Politico.eu further emphasizes that Europe is prepared to deliver a “firm” response to Trump’s new tariffs, signaling a potential escalation in trade tensions between the EU and the US. The Hill notes that bipartisan senators have expressed their concerns over the potential consequences of these tariffs on US interests and NATO unity.
The Guardian also reports that global stock markets are bracing for turbulence as a result of Trump’s latest tariff shock, with losses on stocks expected and precious metals forecasted to spike even higher. The uncertainty surrounding these tariffs has created fear among European businesses and investors, with many unsure of how to navigate this unprecedented situation.
In response to Trump’s actions, Breitbart highlights that advocates in Europe are considering stalling the ratification of the trade deal with the US and even boycotting the World Cup in protest. This move underscores the growing discontent and frustration among European leaders over Trump’s aggressive trade tactics.
As Trump prepares to attend the World Economic Forum in Davos, Switzerland, Breitbart notes that his presence is expected to further challenge the established world order, with geopolitical tensions on the rise.
In conclusion, Trump’s latest tariff threats over Greenland have sent shockwaves through the global markets and strained relations between the EU and the US. The potential halt of the trade deal and the looming uncertainty in the markets highlight the need for diplomatic solutions to prevent further escalation in trade disputes.
Political Bias Index: Neutral
References:
1. Bloomberg – [https://news.google.com/rss/articles/CBMiswFBVV95cUxNTzFhY2J0Rl92aURJQ0NJY1RnT2p2Nk5sU29TZnZTSlM1YkZTc0FISTZ4bEFjelUxNy00UU16UUlDZEpYSzHIVm55cXBrcHFGcjFfRUJ4c2ZLMGROVWs5RTZXR0ZFaXlPRlkyTFY2NzMyVzZCMmRUa1Va3Ql83cjAxdlJjdjhfTERrZTlwTE9PU3BEdGxWYVgwT2Vub2dIS2dmU3VtM21MWQ?oc=5&hl=en-US&gl=US&ceid=US:en]
2. The Guardian – [https://www.theguardian.com/business/2026/jan/18/world-stock-markets-brace-for-turbulence-after-trumps-latest-tariff-shock]
3. Politico.eu – [https://news.google.com/rss/articles/CBMiiAFBVV95cUxQaWFhd1lFc0ZtejA0NWNCX3FGRjNRUkdxclVkMDBXZ2I3QlZOaG1BUGlpam45TVdrYnJSeS13R2pPXzNpMkl6ajlUY0xWY1VSVFplRXNSVFp4aktJUV9sLjFsLXlAcmcwVDg5RWRIaXJjTEFzNTJJRWRDRWFCaUItTy1zY1lkZnl4?oc=5&hl=en-US&gl=US&ceid=US:en]
4. Breitbart – [https://www.breitbart.com/europe/2026/01/18/europeans-threaten-to-hold-up-eu-u-s-trade-deal-boycott-world-cup-over-trump-greenland-tariffs]
5. Breitbart – [https://www.breitbart.com/europe/2026/01/18/world-economic-forum-braces-for-donald-trumps-return-to-davos]
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