World markets will face β a fresh dose of volatility this week after U.S. President Donald Trump vowed to slap tariffs on eight European nations until the U.S. is allowed to get Greenland.
In a wider picture, all eyes will turn to a small Swiss town, where global elites, including Trump, will settle for this year's World Economic Forum (WEF), taking place between Jan.19-23.
Trump, over the weekend, threatened βto impose an additional 10% import tariffs from βFeb. 1 on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and Britain, which will rise to 25% on June 1 if no deal on Greenland is reached.
"Hopes that the tariff situation has βcalmed down for this year have been dashed for now, and we find βourselves in the same s
Continue Reading on Daily Sabah
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.