Trump tariff threats are bad, but the uncertainty they instill is much worse
The spectre of rising inflation, slowing global trade and jittery markets has re-emerged as US economic policy divorces itself from any logicTrump threatens 25% tariff on European allies until Denmark sells GreenlandDonald Trump’s latest tariff threat, in pursuit of his goal of seizing Greenland,...
<p>The spectre of rising inflation, slowing global trade and jittery markets has re-emerged as US economic policy divorces itself from any logic</p><ul><li><p><a href="https://www.theguardian.com/us-news/2026/jan/17/trump-tariff-european-countries-greenland"><strong>Trump threatens 25% tariff on European allies until Denmark sells Greenland</strong></a></p></li></ul><p>Donald Trump’s <a href="https://www.theguardian.com/us-news/2026/jan/17/trump-tariff-european-countries-greenland">latest tariff threat</a>, in pursuit of his goal of seizing Greenland, is a political nightmare for European leaders, but it could create a severe economic headache, too.</p><p>As the International Monetary Fund (IMF) has repeatedly pointed out since Trump’s trade war began in earnest last year, whatever the ultimate level of tariffs, uncertainty takes its own toll.</p> <a href="https://www.theguardian.com/business/2026/jan/18/trump-tariff-threats-economic-uncertainty-analysis">Continue reading...</a>
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