Trump threatens 10 percent tariffs on UK and Nordic countries over Greenland acquisition

Trump threatened 10 percent tariffs on UK and Nordic imports unless the US can buy Greenland. The move sparked a global sell-off in major equity markets.

Insights:
U.S. President Donald Trump donald trumphas announced threats to impose additional 10% tariffs on imports from Denmark DKDK, Norway NONO, Sweden SESE, and Britain GBGBeffective February 1. This measure is conditional on the United States USUSbeing permitted to purchase Greenland. Speaking at the World Economic Forum in Davos, Donald Trumpstated that there is no going back on his Greenland pledge and that his comments at the forum this week are expected to be critical to the process.
People walk near the LSEG (London Stock Exchange Group) headquarters in Paternoster Square, London, Britain, April 25, 2025. REUTERS/Toby Melville
People walk near the LSEG (London Stock Exchange Group) headquarters in Paternoster Square, London, Britain, April 25, 2025. REUTERS/Toby Melville
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