London/New York —
Stocks in Europe fell Tuesday and US stocks were set to open lower as investors continued to digest President Donald Trump’s clash with European leaders over ownership of Greenland.
Trump on Sunday threatened a new 10% tariff on imports from eight European countries including Denmark, the United Kingdom and France, amid his demands that the United States should acquire the Danish territory.
Europe’s benchmark Stoxx 600 index — which tracks stocks across the region — was down 1% Tuesday morning. The Stoxx 600 on Monday fell 1.19% and posted its worst day since November.
Denmark’s OMX Copenhagen 20 — which tracks the 20 most actively traded s
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