World stock markets brace for turbulence after Trump’s latest tariff shock

Losses on stocks likely with precious metals forecast to spike even higher after move to impose 25% levies on European alliesTrump threatens 25% tariff on allies until Denmark sells GreenlandAnalysis: tariff threats are bad, but the uncertainty is far worseGlobal stock markets are bracing for falls...

<p>Losses on stocks likely with precious metals forecast to spike even higher after move to impose 25% levies on European allies</p><ul><li><p><a href="https://www.theguardian.com/us-news/2026/jan/17/trump-tariff-european-countries-greenland">Trump threatens 25% tariff on allies until Denmark sells Greenland</a></p></li><li><p><a href="https://www.theguardian.com/business/2026/jan/18/trump-tariff-threats-economic-uncertainty-analysis">Analysis: tariff threats are bad, but the uncertainty is far worse</a></p></li></ul><p>Global stock markets are bracing for falls when trading resumes on Monday after Donald Trump threatened eight European countries with fresh tariffs until they support his ambition to acquire Greenland.</p><p>The US president’s plan to<a href="https://www.theguardian.com/us-news/2026/jan/17/trump-tariff-european-countries-greenland"> impose new trade levies of 10% on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland from 1 February</a>, rising to 25% on 1 June, is creating fear in the markets, and among European businesses.</p> <a href="https://www.theguardian.com/business/2026/jan/18/world-stock-markets-brace-for-turbulence-after-trumps-latest-tariff-shock">Continue reading...</a>
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