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The Independent UK
The Independent UK
National
Holly Williams

How global markets responded to Trump’s tariff threats

Donald Trump Greenland (Geopolitical Entity)
  • Global stock markets experienced significant declines following Donald Trump's renewed threats to acquire Greenland.
  • The FTSE 100 Index plunged over 120 points, with other major European indices also registering substantial losses in early trading.
  • The controversy intensified after Trump threatened tariffs on nations not backing his Greenland acquisition plans, further detailing his intentions on Truth Social.
  • Investors sought safe haven assets, driving gold prices to a new record of $4,728 per ounce amidst the market uncertainty.
  • A critical meeting concerning Greenland is expected at the World Economic Forum in Davos, where Trump is set to discuss the territory's future.

IN FULL

Global markets rattled as Donald Trump issues Greenland and tariff threats

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