US Tariffs on Eight European Countries Hit Risk Sentiment
US President Trump announced a 10% tariff on eight European countries on Saturday, January 17, including Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland. The tariffs will take effect on February 1. Tariffs will then increase to 25% on June 1 as Trump pressures the EU to allow the US to acquire Greenland. Trump stated: