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The Independent UK

National

Chan Ho-Him

Asian shares rise, tracking Wall Street gains as Trump backs down on Greenland

Donald Trump Greenland United States Euro Europe

South Korea Financial Markets - (Copyright 2026 The Associated Press. All rights reserved.)

Asian shares mostly advanced on Thursday, tracking Wall Street, after U.S. President Donald Trump walked back from imposing tariffs on eight European countries over Greenland and ruled out using military force to take control of the territory.

The future for the S&P 500 was up 0.4% on Thursday, while that for the Dow Jones Industrial Average increased 0.3%.

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