Trump Tariff Threats Linked to Greenland Demand Hit European Stocks
European shares fell as Donald Trump threatened tariffs starting February 1. The measures are conditional on the United States being allowed to buy Greenland.
Insights:
European shares touched their lowest in nearly two weeks on Tuesday, January 20, 2026, following a major announcement from the United States 
US. President Donald Trump donald trumphas threatened to implement a wave of increasing tariffs starting February 1 on eight European countries. This specific threat is conditional on the American government being allowed to purchase Greenland. The announcement has triggered a direct market decline across indices as investors assess the potential for renewed transatlantic trade tensions.
US. President Donald Trump donald trumphas threatened to implement a wave of increasing tariffs starting February 1 on eight European countries. This specific threat is conditional on the American government being allowed to purchase Greenland. The announcement has triggered a direct market decline across indices as investors assess the potential for renewed transatlantic trade tensions.The STOXX 600 ended 0.7% lower, marking its biggest two-day drop in two months. In France 
FR, the CAC 40 index dropped 0.6% to touch a one-month low, while in Germany 
DE, the DAX slipped 1%. These declines come as top policymakers from around the world are gathered in Davos, Switzerland 
CHfor the World Economic Forum annual meeting. The timing of the announcement has created immediate uncertainty just as Donald Trumpis scheduled to speak at the Davos annual meeting tomorrow.
FR, the CAC 40 index dropped 0.6% to touch a one-month low, while in Germany DE, the DAX slipped 1%. These declines come as top policymakers from around the world are gathered in Davos, Switzerland CHfor the World Economic Forum annual meeting. The timing of the announcement has created immediate uncertainty just as Donald Trumpis scheduled to speak at the Davos annual meeting tomorrow.
