CNBC Daily Open: Trump's Greenland tariffs draw the EU into the fray

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US President Donald Trump has imposed tariffs on imports from Greenland, drawing the EU into the trade dispute, potentially escalating tensions between the US and its closest military allies.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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If economic sanctions are designed to apply pressure without firing a shot, then U.S. President Donald Trump has aimed at America's closest military allies.

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Original article published by CNBC on January 19, 2026.
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