Trump Rules Out Force in Greenland and Scraps European Tariffs
President Trump ruled out using force for Greenland and canceled planned European tariffs. This sparked a global market rally and eased safe-haven demand today.
Insights:
U.S. President donald trump announced on January 22, 2026, at the World Economic Forum in Davos that he will not use military force to seize Greenland from 
DK. The donald trump administration also confirmed it is dropping threatened 10% import tariffs against eight European countries, including 
DE, which were scheduled to take effect on February 1. This sudden reversal of geopolitical and trade policy uncertainty triggered a sharp improvement in market risk sentiment. The pan-European index rose over 1% in early trading while the , often called Wall Street's fear gauge, fell sharply after the announcement.
DK. The donald trump administration also confirmed it is dropping threatened 10% import tariffs against eight European countries, including DE, which were scheduled to take effect on February 1. This sudden reversal of geopolitical and trade policy uncertainty triggered a sharp improvement in market risk sentiment. The pan-European index rose over 1% in early trading while the , often called Wall Street's fear gauge, fell sharply after the announcement.
