EU leaders ‌will discuss options, including tariffs worth €93 billion on US imports, at an emergency summit on Brussels on Thursday. Stock markets fell, extending Monday’s declines, as the ⁠threats from the US reignited a debate over the “Sell America” trade that emerged after Trump’s “Liberation Day” levies announced last April. “The situation in Greenland [is] worrying the markets. “I don’t see for the moment anything comparable to Liberation Day or to something very dramatic for markets,” she added. As investors weighed up the risk of Trump reigniting a trade war with Europe over Greenland, US treasury yields hit their highest since September in early trading.

Source: The Irish Times January 20, 2026 20:57 UTC