World stock markets brace for turbulence after Trump’s latest tariff shock

The Guardian - World NewsEN 3 min read 100% complete by Graeme WeardenJanuary 18, 2026 at 02:04 PM

AI Summary

medium article 3 min

Global stock markets are expected to decline when trading resumes due to President Trump's threat of new tariffs on eight European countries: Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland. The tariffs, purportedly linked to Trump's desire to acquire Greenland, are set to begin at 10% on February 1st and increase to 25% on June 1st. Analysts predict losses on the London Stock Exchange and Wall Street, with investors seeking safe-haven assets like gold and silver, which are already seeing price increases. European leaders have criticized the move, fearing it will undermine NATO and disrupt trade agreements. Business groups are urging the EU to respond.

Key Entities & Roles

Key Player Opposition Context

Finland 50% Germany ×250% Netherlands 50% Denmark 50% Norway 50% Sweden 50% France 50% Greenland 60% IG ×460% United Kingdom ×370% North Atlantic Treaty Organization (NATO) ×270% Donald Trump ×390%

Keywords

tariffs 100% stock markets 80% trade war 70% risk-off sentiment 60% economic chaos 60% nato alliance 60% precious metals 50% geopolitical fears 50% european businesses 50%