CNBC Daily Open: The EU has a nuclear option to deal with Trump's Greenland tariffs — and is mulling over it

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Why This Matters

The European Union is considering using the 'Anti-Coercion Instrument' to counter US tariffs imposed by President Trump on Greenland, a move that could escalate trade tensions between the two economic blocs.

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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At an emergency meeting in Brussels on Sunday afternoon local time, France pushed for the European Union to use the "Anti-Coercion Instrument."

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Original article published by CNBC on January 20, 2026.
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