Trump's Tariff Threat Sparks Sell-Off in US Markets
President Trump's trade war threat with Europe on January 20 triggered a sharp sell-off in US assets, with stocks, bonds, and the dollar all declining.
Insights:
On January 20, 2026, President Donald Trump donald trumpannounced a potential rekindling of a trade war with Europe
EU, leading to a swift and significant sell-off across major U.S.
USasset classes. The announcement prompted investors to engage in a "Sell America" trade, marked by a sharp decline in U.S. stocks, bonds, and the dollar, while safe-haven assets like gold saw increased buying.



